v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Total
Common stock
Common stock
Class A
Common stock
Class B
Common stock
Class C
Common stock
Class D
Treasury Stock
Additional paid-in capital
Retained Deficit
Non-controlling Interests
Balance at beginning of period (in shares) at Dec. 31, 2024     99,093,573   131,432,929 97,026,671        
Balance at beginning of period at Dec. 31, 2024 $ 506,611,000   $ 104,000   $ 131,000 $ 97,000 $ (20,340,000) $ 843,523,000 $ (550,623,000) $ 233,719,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Conversion-related deferred taxes and adjustments (200,000)             (200,000)    
Net common stock issued under stock-based compensation plans (in shares)     12,768,351   (9,802,821)          
Net common stock issued under stock-based compensation plans (2,247,000)   $ 15,000   $ (9,000)   (2,248,000) 36,531,000   (36,536,000)
Stock-based compensation 3,460,000             2,070,000   1,390,000
Distributions for taxes on behalf of shareholders, net (2,605,000)               (1,610,000) (995,000)
Net loss (65,969,000)               (35,283,000) (30,686,000)
Balance at end of period (in shares) at Jun. 30, 2025     111,861,924 0 121,630,108 97,026,671        
Balance at end of period at Jun. 30, 2025 439,050,000   $ 119,000 $ 0 $ 122,000 $ 97,000 (22,588,000) 881,924,000 (587,516,000) 166,892,000
Balance at beginning of period (in shares) at Mar. 31, 2025     104,771,583 0 126,392,121 97,026,671        
Balance at beginning of period at Mar. 31, 2025 469,298,000   $ 110,000 $ 0 $ 126,000 $ 97,000 (20,975,000) 855,799,000 (573,591,000) 207,732,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Conversion-related deferred taxes and adjustments (254,000)             (254,000)    
Net common stock issued under stock-based compensation plans (in shares)     7,090,341   (4,762,013)          
Net common stock issued under stock-based compensation plans (1,612,000)   $ 9,000   $ (4,000)   (1,613,000) 27,812,000   (27,816,000)
Stock-based compensation (2,256,000)             (1,433,000)   (823,000)
Distributions for taxes on behalf of shareholders, net (853,000)               (537,000) (316,000)
Net loss (25,273,000)               (13,388,000) (11,885,000)
Balance at end of period (in shares) at Jun. 30, 2025     111,861,924 0 121,630,108 97,026,671        
Balance at end of period at Jun. 30, 2025 439,050,000   $ 119,000 $ 0 $ 122,000 $ 97,000 (22,588,000) 881,924,000 (587,516,000) 166,892,000
Balance at beginning of period (in shares) at Dec. 31, 2025     129,597,773 0 107,515,082 97,026,671        
Balance at beginning of period at Dec. 31, 2025 386,010,000   $ 138,000 $ 0 $ 108,000 $ 97,000 (29,635,000) 878,204,000 (614,398,000) 151,496,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Conversion-related deferred taxes and adjustments (1,957,000)             (1,957,000)    
Conversion pursuant to Amended and Restated Certificate of Incorporation (in shares)     97,026,671 106,207,433 (106,207,433) (97,026,671)        
Conversion pursuant to Amended and Restated Certificate of Incorporation   $ 0 $ 97,000 $ 106,000 $ (106,000) $ (97,000)        
Net common stock issued under stock-based compensation plans (in shares)     5,434,875 (111,484) (1,307,649)          
Net common stock issued under stock-based compensation plans (1,382,000)   $ 7,000   $ (2,000)   (2,422,000) 4,738,000   (3,703,000)
Stock-based compensation 11,674,000             7,992,000   3,682,000
Distributions for taxes on behalf of shareholders, net 265,000               181,000 84,000
Net loss (61,564,000)               (42,020,000) (19,544,000)
Balance at end of period (in shares) at Jun. 30, 2026     232,059,319 106,095,949 0 0        
Balance at end of period at Jun. 30, 2026 333,046,000   $ 242,000 $ 106,000 $ 0 $ 0 (32,057,000) 888,977,000 (656,237,000) 132,015,000
Balance at beginning of period (in shares) at Mar. 31, 2026     230,814,913 106,207,433 0 0        
Balance at beginning of period at Mar. 31, 2026 337,296,000   $ 241,000 $ 106,000 $ 0 $ 0 (29,706,000) 885,378,000 (651,749,000) 133,026,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Conversion-related deferred taxes and adjustments (623,000)             (623,000)    
Net common stock issued under stock-based compensation plans (in shares)     1,244,406 (111,484)            
Net common stock issued under stock-based compensation plans (2,352,000)   $ 1,000       (2,351,000) 600,000   (602,000)
Stock-based compensation 5,281,000             3,622,000   1,659,000
Refund of tax distributions, net 66,000               45,000 21,000
Net loss (6,622,000)               (4,533,000) (2,089,000)
Balance at end of period (in shares) at Jun. 30, 2026     232,059,319 106,095,949 0 0        
Balance at end of period at Jun. 30, 2026 $ 333,046,000   $ 242,000 $ 106,000 $ 0 $ 0 $ (32,057,000) $ 888,977,000 $ (656,237,000) $ 132,015,000