v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Class A Units
Class B Units
Additional Paid In Capital
Accumulated Deficit
Accumulated Other Comprehensive Deficit
Noncontrolling Interest
Beginning Balance at Dec. 31, 2024 $ 607,194 $ 114   $ 1,085,445 $ (640,574) $ (610) $ 162,819
Beginning Balance (in shares) at Dec. 31, 2024   113,953,554 39,439,198        
Net loss (155,093)            
Net Income (Loss) (107,228)       (107,228)   (47,865)
Other comprehensive loss (880)         (654) (226)
Vested incentive units       (186)     186
Issuance of Class A common stock upon vesting of RSUs, shares   1,279,156          
Issuance of Class A common stock upon vesting of RSUs   $ 1   901     (902)
Shares withheld related to net share settlement (in shares)   (423,245)          
Shares withheld related to net share settlement (1,874)     (1,874)      
Repurchase of share, Shares   (5,604,751)          
Repurchase of share (21,155) $ (5)   (27,105)     5,955
Effect of changes in LLC ownership, including LLC unit exchanges, shares   441,443 (441,443)        
Effect of changes in LLC ownership, including LLC unit exchanges 394     9,113     (8,719)
Forfeited unvested incentive units     (571)        
Equity-based compensation 7,319     5,438     1,881
Ending Balance at Mar. 31, 2025 435,905 $ 110   1,071,732 (747,802) (1,264) 113,129
Ending Balance (in shares) at Mar. 31, 2025   109,646,157 38,997,184        
Beginning Balance at Dec. 31, 2025 378,992 $ 104   1,061,965 (779,506) (1,450) 97,879
Beginning Balance (in shares) at Dec. 31, 2025   104,020,957 38,339,076        
Net loss (192,354)            
Net Income (Loss) (138,621)       (138,621)   (53,733)
Other comprehensive loss (143)         (105) (38)
Issuance of Class A common stock upon vesting of RSUs, shares   1,647,663          
Issuance of Class A common stock upon vesting of RSUs   $ 2   764     (766)
Shares withheld related to net share settlement (in shares)   (518,915)          
Shares withheld related to net share settlement (926) $ (1)   (925)      
Effect of changes in LLC ownership, including LLC unit exchanges, shares   113,743 (113,743)        
Effect of changes in LLC ownership, including LLC unit exchanges (90)     185     (275)
Equity-based compensation 5,220     3,822     1,398
Ending Balance at Mar. 31, 2026 $ 190,699 $ 105   $ 1,065,811 $ (918,127) $ (1,555) $ 44,465
Ending Balance (in shares) at Mar. 31, 2026   105,263,448 38,225,333