v3.26.1
Condensed Consolidated Statements of Changes in Redeemable Noncontrolling Interest and Shareholders' Deficit - Unaudited - USD ($)
$ in Thousands
Total
Redeemable Noncontrolling Interest [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Gain [Member]
Accumulated Deficit [Member]
Common Class A [Member]
Class A Ordinary Shares [Member]
Common Stock [Member]
Class B Ordinary Shares [Member]
Common Stock [Member]
Beginning balance at Dec. 31, 2024 $ (994,954) $ 1,396,591 $ 205,736 $ 130 $ (1,200,849)   $ 13 $ 16
Beginning balance, shares at Dec. 31, 2024             128,054,417 163,693,707
Equity-based compensation 11,418 1,539 11,418          
Vesting of Class B restricted stock rights, shares               959,764
Exchange of Class B common stock for Class A common stock 5,253              
Exchange of Class B common stock for Class A common stock, value 5,252 (5,252) 5,252          
Exchange of Class B common stock for Class A common stock, shares             5,364,540 (5,364,540)
Impact of equity transactions on redeemable noncontrolling interest 9,170 9,170 9,170          
Unrealized income on marketable securities (100) (124)   (100)        
Net loss and comprehensive loss attributable to noncontrolling interest 41,631 (41,631)            
Net Income (Loss) (33,286)       (33,286) $ (33,286)    
Ending balance at Jun. 30, 2025 (1,002,500) 1,341,953 231,576 30 (1,234,135)   $ 13 $ 16
Ending balance, shares at Jun. 30, 2025             133,418,957 159,288,931
Beginning balance at Mar. 31, 2025 (998,553) 1,368,530 218,926 75 (1,217,583)   $ 13 $ 16
Beginning balance, shares at Mar. 31, 2025             129,536,121 163,161,681
Equity-based compensation 5,819 722 5,819          
Vesting of Class B restricted stock rights, shares               10,086
Exchange of Class B common stock for Class A common stock, value 2,834 (2,834) 2,834          
Exchange of Class B common stock for Class A common stock, shares             3,882,836 (3,882,836)
Impact of equity transactions on redeemable noncontrolling interest 3,997 (3,997) 3,997          
Unrealized income on marketable securities (45) (55)   (45)        
Net loss and comprehensive loss attributable to noncontrolling interest 20,413              
Net Income (Loss) (16,552) (20,413)     (16,552) (16,552)    
Ending balance at Jun. 30, 2025 (1,002,500) 1,341,953 231,576 30 (1,234,135)   $ 13 $ 16
Ending balance, shares at Jun. 30, 2025             133,418,957 159,288,931
Beginning balance at Dec. 31, 2025 (1,011,197) 1,311,990 258,552 56 (1,269,835)   $ 14 $ 16
Beginning balance, shares at Dec. 31, 2025             141,807,277 159,262,779
Equity-based compensation 10,392 147 10,392          
Issuance of Class A common stock, shares             2,798  
Issuance of Class A common stock, value 7   7          
Vesting of Class B restricted stock rights, shares               733,252
Exchange of Class B common stock for Class A common stock 125,024              
Exchange of Class B common stock for Class A common stock, value 125,025 (125,025) 125,025       $ (6) $ (6)
Exchange of Class B common stock for Class A common stock, shares             63,399,716 (63,399,716)
Exercise of stock options, Shares             506,398  
Exercise of stock options 759   758       $ 1  
Impact of equity transactions on redeemable noncontrolling interest 40,031 40,031 40,031          
Unrealized income on marketable securities (90) (113)   (90)        
Net loss and comprehensive loss attributable to noncontrolling interest 40,598 (40,598)            
Net Income (Loss) (48,459)       (48,459) (48,459)    
Ending balance at Jun. 30, 2026 (883,532) 1,106,370 434,765 (34) (1,318,294)   $ 21 $ 10
Ending balance, shares at Jun. 30, 2026             205,716,189 96,596,315
Beginning balance at Mar. 31, 2026 (1,023,783) 1,286,887 266,112 (53) (1,289,872)   $ 14 $ 16
Beginning balance, shares at Mar. 31, 2026             141,980,643 159,973,334
Equity-based compensation 5,593 1 5,593          
Vesting of Class B restricted stock rights, shares               10,089
Exchange of Class B common stock for Class A common stock, value 124,998 (124,998) 124,998         $ (6)
Exchange of Class B common stock for Class A common stock, shares             63,387,108 (63,387,108)
Exercise of stock options, Shares             348,438  
Exercise of stock options 547   546       $ 1  
Impact of equity transactions on redeemable noncontrolling interest 37,516 (37,516) 37,516          
Unrealized income on marketable securities 19 10   19        
Net loss and comprehensive loss attributable to noncontrolling interest 18,014              
Net Income (Loss) (28,422) (18,014)     (28,422) $ (28,422)    
Ending balance at Jun. 30, 2026 $ (883,532) $ 1,106,370 $ 434,765 $ (34) $ (1,318,294)   $ 21 $ 10
Ending balance, shares at Jun. 30, 2026             205,716,189 96,596,315