v3.26.1
NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
NOTE 18—NET LOSS PER SHARE
The following table sets forth the computation of basic and diluted net loss attributable to Class A and Class B common stockholders per share (in thousands except per share data):

Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Class AClass BClass AClass B
Numerator
Net loss attributable to common stockholders – basic$(9,300)$(1,376)$(2,502)$(378)
Potential dilutive effect of derivative instruments— — — — 
Net loss attributable to common stockholders – diluted$(9,300)$(1,376)$(2,502)$(378)
Denominator
Weighted average shares of common stock outstanding - basic111,202 16,458 108,795 16,458 
Potential dilutive effect of derivative instruments
— — — — 
Weighted average shares of common stock outstanding - diluted111,202 16,458 108,795 16,458 
Net loss attributable to common stockholders per share
Basic$(0.08)$(0.08)$(0.02)$(0.02)
Diluted$(0.08)$(0.08)$(0.02)$(0.02)
For the periods presented above, the net loss per share amounts are the same for Class A and Class B common stock because the holders of each class are entitled to equal per share dividends or distributions in liquidation in accordance with the Certificate of Incorporation. The undistributed losses for each period are allocated based on the contractual participation rights of the Class A and Class B common stock as if the losses for the period had been distributed. As the liquidation and dividend rights are identical, the undistributed losses are allocated on a proportionate basis.
The following equity awards outstanding at the end of each period presented have been excluded from the computation of diluted net loss per share of common stock for the periods presented due to their anti-dilutive effect:
Three Months Ended March 31,
20262025
Stock options4,491 4,756 
Restricted stock units9,991 14,755 
Performance stock units
2,524 2,654 
Public Warrants5,382 5,382 
Private Warrants3,822 3,822 
Earnout Shares15,000 15,000 
41,210 46,369