v3.26.1
Net loss per share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Net Income per Share, Basic and Diluted
7. Net loss per share
The following table presents the calculations of basic and diluted net loss per share:
Three months ended June 30,Six months ended June 30,
(in thousands, except per share data)2026202520262025
Numerator:
Net loss$(51,005)$(16,422)$(131,825)$(63,131)
Denominator:
Weighted-average common shares - basic and diluted for Class A and Class B common stock171,234 157,843 167,243 157,144 
Basic and diluted net loss per share$(0.30)$(0.10)$(0.79)$(0.40)
Schedule of Antidilutive Securities Excluded from Computation of Net Income per Share
The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:
Three months ended June 30,Six months ended June 30,
(in thousands)2026202520262025
Stock-based awards11,248 14,825 11,042 14,617 
Shares related to convertible senior notes— 10,050 — 10,050 
Warrants3,213 — 3,015 — 
Shares related to Convertible Debentures19,495 — 15,264 — 
Total anti-dilutive securities33,956 24,875 29,321 24,667