v3.26.1
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted net loss per share for common stock:
Three Months Ended March 31,
20262025
Net loss$(5,938)$(11,250)
Basic weighted-average common shares(1)
160,658,450 160,272,142 
Effect of dilutive securities— — 
Diluted weighted-average common shares(1)
160,658,450 160,272,142 
Basic and diluted net loss per common share$(0.04)$(0.07)
(1)The basic and diluted weighted-average common shares exclude (i) the Sponsor Shares and (ii) shares held by Jamie Siminoff, the Company’s former Chief Strategy Officer, that were subject to a right of repurchase held by the Company.
The table below sets forth the number of potential common shares underlying outstanding common stock options, restricted common stock, restricted stock units (“RSUs”) and common stock warrants that were excluded from diluted net loss per share as the Company had net losses, and their inclusion would be anti-dilutive:
March 31, 2026March 31, 2025
Stock options21,701,679 25,804,752 
Restricted common stock held by the Sponsor738,000 738,000 
Restricted common stock held by Jamie Siminoff2,861,351 3,815,135 
Restricted stock units50,005 375,640 
Warrants16,333,301 16,333,301 
Total41,684,336 47,066,828