v3.26.1
NET INCOME (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders
The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stockholders for the three months ended March 31, 2026 and 2025:
Three Months Ended
March 31,
20262025
Numerator:
Net income (loss)$(25,028)$129,932 
Earnings attributable to participating Class A Common Shares held in escrow in connection with Amelia acquisition— (705)
Net income (loss) attributable to common shareholders - basic$(25,028)$129,227 
Net income (loss)(25,028)129,932 
Effect of potentially dilutive equivalent shares to net income (loss)(22,504)(3,126)
Net income (loss) attributable to common shareholders - diluted$(47,532)$126,806 
Denominator:
Weighted average shares outstanding – basic421,472,827393,893,313
Effect of potentially dilutive equivalent shares8,310,37420,263,142 
Weighted average shares outstanding – diluted429,783,201414,156,455
Basic net income (loss) per share$(0.06)$0.33 
Diluted net income (loss) per share$(0.11)$0.31 
Schedule of Outstanding Shares of Potentially Dilutive Securities The following table summarizes the outstanding shares of potentially dilutive securities that were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive for the three months ended March 31, 2026 and 2025:
As of March 31,
20262025
Stock-based awards14,084,209
Unvested restricted stock awards42,940
Contingently issuable shares1,545,138
Total15,672,287