v3.26.1
NET (LOSS) INCOME PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
NET (LOSS) INCOME PER SHARE
9. NET (LOSS) INCOME PER SHARE
The following table summarizes the calculation of basic and diluted net (loss) income per share:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net (loss) income attributable to Class A common stockholders basic and diluted$(1,501)$800 $(4,143)$565 
Weighted average number of shares of Class A common stock - basic29,641,216 28,265,710 28,966,490 27,995,258 
Weighted average number of shares of Class A common stock - diluted29,641,216 29,229,245 28,966,490 28,688,505 
Net (loss) income per share of Class A common stock
Basic$(0.05)$0.03 $(0.14)$0.02 
Diluted$(0.05)$0.03 $(0.14)$0.02 
The basic (loss) income per share for the three and six months ended June 30, 2026 and 2025 does not include 1,635,783 shares in treasury and 716,650 shares that are issued and outstanding but are contingent on achieving earnout targets.
Additionally, the diluted (loss) income per share of Class A common stock for the three and six months ended June 30, 2026 and 2025 does not include redeemable preferred non-controlling interests because the substantive contingency for conversion has not been met as of June 30, 2026. It also excludes redeemable non-controlling interests for the three and six months ended June 30, 2026 and 2025.
For the periods in which (loss) income per share is presented, the following securities were excluded from the computation of diluted (loss) income per share since their impact would have been antidilutive:
Six Months Ended June 30,
20262025
Stock Options1,237,505 483,502 
Unvested PSUs (1)
2,654,994 2,015,403 
Unvested RSUs4,760,151 1,104,068 
Warrants (2)
2,160,000 — 
OPAL Fuels Class B Units144,399,037 144,399,037 
(1) All unvested PSUs are contingent on achieving performance targets.
(2) Includes 720,000 warrants that are subject to forfeiture contingent on obtaining additional funding