v3.26.1
Equity-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of the Company's RSU activity
A summary of the Company’s RSU activity is as follows:
UNITSWEIGHTED-
AVERAGE
GRANT DATE
FAIR VALUE
Non-vested RSUs as of December 31, 20253,358,181$14.48 
Granted5,547 6.59 
Vested— — 
Forfeited(103,369)13.71 
Non-vested RSUs as of March 31, 20263,260,359$14.49 
Schedule of Nonvested Performance-Based Units Activity
A summary of the Company’s PSU activity for the period ended March 31, 2026 is as follows:
UNITS WEIGHTED-
AVERAGE
GRANT DATE
FAIR VALUE
Non-vested PSUs as of December 31, 20251,194,188$13.05 
Granted—— 
Vested—— 
Forfeited(13,019)8.25 
 Cancelled*(200,263)25.26 
Non-vested PSUs as of March 31, 2026980,906$10.62 
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*During the first three months of 2026, the Company cancelled 200,263 PSU shares that did not meet the required performance and market conditions for vesting.
Schedule of Compensation Expense
The following table summarizes the components of total equity-based compensation expense included in the condensed consolidated statements of operations and comprehensive income (loss) for each period presented:
THREE MONTHS ENDED MARCH 31,
20262025
(In thousands)
Cost of revenues$2,998 $3,134 
Sales and marketing992 834 
Research and development1,059 933 
General and administrative 2,271 2,169 
Total$7,320 $7,070