v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Per Share, Basic and Diluted
The following table presents the calculation of basic and diluted net income (loss) per share attributable to Series A and Series B common stockholders for the three and six months ended June 30, 2026 and 2025 (in thousands, except share and per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net (loss) income per share attributable to Series A and Series B common stockholders, basic:
Numerator:
Net (loss) income$(8,849)$(24,281)$189 $(38,370)
Denominator:
Weighted-average shares, basic296,851,806 284,928,388300,597,853 279,674,052
Net (loss) income per share attributable to Series A and Series B common stockholders, basic$(0.03)$(0.09)$— $(0.14)
Net (loss) income per share attributable to Series A and Series B common stockholders, diluted:
Numerator:
Net (loss) income$(8,849)$(24,281)$189 $(38,370)
Denominator:
Weighted-average shares, diluted296,851,806 284,928,388301,908,020 279,674,052
Net (loss) income per share attributable to Series A and Series B common stockholders, diluted$(0.03)$(0.09)$— $(0.14)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the potential common shares excluded from the computation of diluted net income(loss) per share (in thousands):
As of June 30,
20262025
Warrants outstanding1,721,912 3,099,440 
Investment Option15,743,174 15,743,174 
RSUs and PSUs outstanding22,321,329 18,407,326 
Options outstanding— 2,579,606 
ESPP176,647 29,212 
Total39,963,062 39,858,758