v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Treasury Stock
Notes Receivable from Employees
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024 41,994,022          
Beginning balance at Dec. 31, 2024 $ 168,888          
Ending balance (in shares) at Mar. 31, 2025 41,994,022          
Ending balance at Mar. 31, 2025 $ 168,888          
Beginning balance (in shares) at Dec. 31, 2024 [1]   14,247,476        
Beginning balance at Dec. 31, 2024 (107,599) $ 1 [1] $ 147,255 $ 0 $ (173) $ (254,682)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock upon exercise of options (in shares) [1]   299,640        
Issuance of common stock upon exercise of options 744   744      
Stock-based compensation 14,060   14,060      
Release of shares due to loan forgiveness (in shares) [1]   1,894,054        
Release of shares due to loan forgiveness 1 $ 1 [1]        
Interest accrued on notes receivable from employees (2)       (2)  
Net income (loss) (21,111)         (21,111)
Ending balance (in shares) at Mar. 31, 2025 [1]   16,441,170        
Ending balance at Mar. 31, 2025 $ (113,907) $ 2 [1] 162,059 0 (175) (275,793)
Beginning balance (in shares) at Dec. 31, 2025 0          
Beginning balance at Dec. 31, 2025 $ 0          
Ending balance (in shares) at Mar. 31, 2026 0          
Ending balance at Mar. 31, 2026 $ 0          
Beginning balance (in shares) at Dec. 31, 2025 [1]   73,863,192        
Beginning balance at Dec. 31, 2025 305,736 $ 7 [1] 577,043 (10,025) (181) (261,108)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock upon exercise of options (in shares) [1]   54,324        
Issuance of common stock upon exercise of options 71   71      
Stock-based compensation 4,065   4,065      
Interest accrued on notes receivable from employees (2)       (2)  
Net income (loss) 8,762         8,762
Issuance of common stock upon vesting of restricted stock units, net of taxes withheld (in shares) [1]   1,906        
Issuance of common stock upon vesting of restricted stock units, net of taxes withheld (5)   (5)      
Ending balance (in shares) at Mar. 31, 2026 [1]   73,919,422        
Ending balance at Mar. 31, 2026 $ 318,627 $ 7 [1] $ 581,174 $ (10,025) $ (183) $ (252,346)
[1] Amounts combine the Company's common stock, Class A common stock, and Class B common stock. See Note 9, Capitalization, for discussion of the establishment of the Company's two classes of common stock and the reclassification of its common stock into Class A common stock in connection with the Company's initial public offering in May 2025.