NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Net Income (Loss) Per Share, Basic and Diluted

The following table sets forth the computation of net income (loss) used to compute basic and diluted net income (loss) per share of Class A Common Stock for the three and six months ended June 30, 2026 and June 30, 2025.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Basic and diluted:
Net income (loss)	$	50.3	$	(26.1)	$	(184.7)	$	(4.6)
Plus: adjustment due to net effect of equity awards and warrant revaluation to net income (loss)	—		—		—		—
Net income (loss), after adjustment	$	50.3	$	(26.1)	$	(184.7)	$	(4.6)

Weighted average common shares outstanding used in computing net income (loss) per share - basic	289,863,943		102,321,754		279,983,642		102,181,462
Plus: effect of dilutive equity awards	2,486,887		—		—		—
Weighted average common shares outstanding used in computing net income (loss) per share - diluted	292,350,830		102,321,754		279,983,642		102,181,462

Net income (loss) per share-basic	$	0.17	$	(0.26)	$	(0.66)	$	(0.05)
Net income (loss) per share-diluted	$	0.17	$	(0.26)	$	(0.66)	$	(0.05)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following securities were not included in the calculation of net income (loss) per diluted share because their effects were anti-dilutive:


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Potentially dilutive securities:
Warrants	—	21,989,079	—	21,989,079
Earnout consideration shares	—	4,386,097	—	4,386,097
Equity awards	7,885,903	3,283,566	5,605,279	1,936,232