Three months ended June 30,

Six Months Ended June 30,

(in thousands, except per share data)

2026

2025

2026

2025

Numerator:

Net loss

$

(4,633

)

$

(1,698

)

$

(11,832

)

$

(3,662

)

Less: Net loss attributable to non-controlling interest

(3,879

)

(1,437

)

(9,910

)

(3,100

)

Net loss attributable to Class A common stockholders

$

(754

)

$

(261

)

$

(1,922

)

$

(562

)

Denominator:

Weighted-average shares of Class A common stock outstanding - basic and diluted

5,364

5,132

5,348

5,073

Net loss per share of Class A common stock - basic and diluted

$

(0.14

)

$

(0.05

)

$

(0.36

)

$

(0.11

)