Basic and diluted earnings (loss) per share attributable to Class A common stockholders and Class B common stockholders (collectively, "Common Stockholders") for the years indicated were calculated as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(in thousands, except for per share and share amounts)
Numerator:
Net income (loss)	$	28,001	$	(10,578)	$	55,335	$	(11,852)
Denominator:
Basic weighted average number of common shares and common share equivalents outstanding	524,186,885		509,043,210		523,861,227		508,893,753
Dilutive shares:
RSU	14,153,256		N/A		11,242,548		N/A
PRSU	106,365		N/A		44,045		N/A
Stock Options	7,001,229		N/A		5,124,481		N/A
Diluted weighted average number of class A and class B common shares and common share equivalents outstanding	545,447,735		509,043,210		540,272,301		508,893,753

Basic earnings (loss) per share	$	0.05	$	(0.02)	$	0.11	$	(0.02)
Diluted earnings (loss) per share	$	0.05	$	(0.02)	$	0.10	$	(0.02)

Potentially dilutive securities are excluded from the computation of diluted earnings (loss) per share if their effect would be anti-dilutive. For the three and six months ended June 30, 2026, certain potentially dilutive securities were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2025, the Company incurred a net loss; therefore, all potentially dilutive securities, which include Options, RSUs, and PRSUs, were excluded from the computation of diluted loss per share as their effect would have been anti-dilutive.

The following table presents the potentially dilutive shares that were excluded from the computation of diluted net earnings (loss) per share of common stock:


	Three Months Ended June 30,		Six months ended June 30,
	2026	2025		2026	2025
Options to purchase common stock	5,901,641	23,993,192		5,901,641	23,993,192
RSUs	5,962,028	41,224,131		7,434,329	41,224,131
PRSUs	—	28,799,293		—	28,799,293
Total potentially dilutive shares excluded from computation of net earnings (loss) per share	11,863,669	94,016,616		13,335,970	94,016,616