v3.26.1
Stockholders' Equity
6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity

Note 11. Stockholders’ Equity

As of June 30, 2026, 2,000,000,000 shares, $0.0001 par value per share are authorized, of which, 1,600,000,000 shares are designated as Class A common stock, 200,000,000 shares are designated as Class X common stock, 100,000,000 shares are designated as Class C common stock and 100,000,000 shares are designated as preferred stock.

Holders of each share of each class of Common Stock are entitled to dividends when, as, and if declared by the Company’s Board of Directors, subject to the rights and preferences of any holders of Preferred Stock outstanding at the time. As of June 30, 2026, the Company had not declared any dividends. The holder of each Class A common stock is entitled to one vote, the holder of each share of Class X common stock is entitled to ten votes and except as otherwise required by law, the holder of each share of Class C common stock is not entitled to any voting powers.

Accumulated Other Comprehensive Income (Loss)

The following tables summarize changes in accumulated other comprehensive income (loss) by component during the three months ended June 30, 2026 and 2025 (in thousands):

 

 

Total1

 

 

 

 

Balances at March 31, 2025

$

(58

)

Other comprehensive loss before reclassifications

 

(6

)

Balances at June 30, 2025

$

(64

)

 

 

 

 

 

 

Balances at March 31, 2026

$

(62

)

Other comprehensive income before reclassifications

 

27

 

Balances at June 30, 2026

$

(35

)

 

1Total denotes foreign currency translation adjustments.

 

The following tables summarize changes in accumulated other comprehensive income (loss) by component during the six months ended June 30, 2026 and 2025 (in thousands):

 

 

Total1

 

 

 

 

Balances at December 31, 2024

$

(49

)

Other comprehensive loss before reclassifications

 

(15

)

Balances at June 30, 2025

$

(64

)

 

 

 

 

 

 

Balances at December 31, 2025

$

(47

)

Other comprehensive income before reclassifications

 

12

 

Balances at June 30, 2026

$

(35

)

 

1Total denotes foreign currency translation adjustments.