v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Series A Convertible Preferred Stock
Preferred Stock, Undesignated
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock, Common
Beginning balance (in shares) at Dec. 31, 2024   0 0 163,195,788        
Beginning balance at Dec. 31, 2024 $ 1,054,880   $ 0 $ 18 $ 961,434 $ 320,302 $ 173 $ 227,047
Beginning balance at Dec. 31, 2024   $ 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation (in shares)       464,117        
Stock-based compensation 13,266       13,266      
Shares used to settle payroll tax withholding (in shares)       (194,199)        
Shares used to settle payroll tax withholding (3,877)       (3,877)      
Net loss (53,520)         (53,520)    
Other comprehensive income (loss), net of tax (199)           (199)  
Ending balance (in shares) at Jun. 30, 2025   0 0 163,465,706        
Ending balance at Jun. 30, 2025   $ 0            
Ending balance at Jun. 30, 2025 1,010,550   $ 0 $ 18 970,823 266,782 (26) 227,047
Beginning balance (in shares) at Mar. 31, 2025   0 0 163,445,597        
Beginning balance at Mar. 31, 2025 1,036,111   $ 0 $ 18 965,487 297,654 (1) 227,047
Beginning balance at Mar. 31, 2025   $ 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation (in shares)       30,358        
Stock-based compensation 5,571       5,571      
Shares used to settle payroll tax withholding (in shares)       (10,249)        
Shares used to settle payroll tax withholding (235)       (235)      
Net loss (30,872)         (30,872)    
Other comprehensive income (loss), net of tax (25)           (25)  
Ending balance (in shares) at Jun. 30, 2025   0 0 163,465,706        
Ending balance at Jun. 30, 2025   $ 0            
Ending balance at Jun. 30, 2025 1,010,550   $ 0 $ 18 970,823 266,782 (26) 227,047
Beginning balance (in shares) at Dec. 31, 2025   400,000 0 177,357,647        
Beginning balance at Dec. 31, 2025 1,978,757   $ 0 $ 19 1,970,970 234,428 387 227,047
Beginning balance at Dec. 31, 2025 413,611 $ 413,611            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation (in shares)       639,765        
Stock-based compensation 25,734       25,734      
Shares used to settle payroll tax withholding (in shares)       (283,877)        
Shares used to settle payroll tax withholding (18,246)       (18,246)      
Shares issued upon conversion of 2026 Notes (in shares)       337,741        
Shares issued upon conversion of 2026 Notes 0              
Net loss (28,264)         (28,264)    
Other comprehensive income (loss), net of tax (645)           (645)  
Ending balance (in shares) at Jun. 30, 2026   400,000 0 178,051,276        
Ending balance at Jun. 30, 2026 413,611 $ 413,611            
Ending balance at Jun. 30, 2026 1,957,336   $ 0 $ 19 1,978,458 206,164 (258) 227,047
Beginning balance (in shares) at Mar. 31, 2026   400,000 0 177,669,668        
Beginning balance at Mar. 31, 2026 1,967,147   $ 0 $ 19 1,967,757 226,460 (42) 227,047
Beginning balance at Mar. 31, 2026   $ 413,611            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation (in shares)       55,036        
Stock-based compensation 11,313       11,313      
Shares used to settle payroll tax withholding (in shares)       (11,169)        
Shares used to settle payroll tax withholding (612)       (612)      
Shares issued upon conversion of 2026 Notes (in shares)       337,741        
Shares issued upon conversion of 2026 Notes 0              
Net loss (20,296)         (20,296)    
Other comprehensive income (loss), net of tax (216)           (216)  
Ending balance (in shares) at Jun. 30, 2026   400,000 0 178,051,276        
Ending balance at Jun. 30, 2026 413,611 $ 413,611            
Ending balance at Jun. 30, 2026 $ 1,957,336   $ 0 $ 19 $ 1,978,458 $ 206,164 $ (258) $ 227,047