v3.26.1
Net Loss Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
Net loss per share for the three and six months ended June 30, 2026 and 2025 was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Numerator:
Net (loss) income attributable to common stockholders:
Basic$(45,019)$2,317 (89,181)(20,319)
Adjustment for change in fair value of liability classified stock options— (1)— (177)
Diluted$(45,019)$2,316 (89,181)(20,496)
Denominator:
Weighted-average common stock outstanding:
Basic72,993,313 75,337,168 73,826,423 75,254,553 
Adjustment for dilutive effect of equity classified stock options, RSUs and PSUs— 2,001,887 — — 
Adjustment for dilutive effect of liability classified stock options— 39,394 — 47,804 
Diluted72,993,313 77,378,449 73,826,423 75,302,357 
Net loss per common share – basic$(0.62)$0.03 $(1.21)$(0.27)
Net loss per common share – diluted
$(0.62)$0.03 $(1.21)$(0.27)
Weighted average number of shares of common stock used in the basic and diluted earnings per share calculations include (i) Exchangeable Shares for all the periods presented and (ii) for the three and six months ended June 30, 2025, the pre-funded warrants issued in connection with the Company’s December 2023 private placement as the warrants were exercisable at any time for nominal cash consideration until their exercise on June 25, 2025. The Company’s potentially dilutive securities, which include equity classified stock options, RSUs and PSUs, have been excluded from the computation of diluted net loss per share for the three and six months ended June 30, 2026 and for the six months ended June 30, 2025.