v3.26.1
NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss per Share Attributable to Ordinary Shareholders
The computation of basic and diluted net loss per share is as follows (in thousands, except per share data):
Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Numerator:
Net loss from continuing operations$(36,927)$(31,184)$(33,025)$(37,445)
Net loss from discontinued operations, net of tax(6,609)(725)(30,930)(10,703)
Net loss$(43,536)$(31,909)$(63,955)$(48,148)
Preferred stock dividends and accretion(990)(891)(1,980)(1,782)
Net loss attributable to common stockholders$(44,526)$(32,800)$(65,935)$(49,930)
Denominator:
Weighted average shares of common stock outstanding - basic 280,129 155,938 279,282 155,936 
Effect of dilutive securities— — — — 
Weighted average ordinary shares outstanding - diluted280,129 155,938 279,282 155,936 
Net loss per share attributable to common stockholders:
Net loss per share from continuing operations - basic and diluted $(0.14)$(0.21)$(0.13)$(0.25)
Net loss per share from discontinued operations, net of tax - basic and diluted(0.02)— (0.11)(0.07)
Net loss per share - basic and diluted$(0.16)$(0.21)$(0.24)$(0.32)
Schedule of Antidilutive Securities Excluded from Computation of Net Income (Loss) per Share
The outstanding securities that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share as the impact would be anti-dilutive are as follows (in thousands):
Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Redeemable preferred stock (on an as converted basis)37,157 20,629 37,157 20,629 
5.25% Convertible Notes due 2030
23,232 — 23,232 — 
4.00% Convertible Notes due 2031
27,043 — 27,043 — 
Convertible note - related party — 12,521 — 12,521 
Share purchase agreement— 14,050 — 14,050 
Public Warrants16,331 14,675 16,331 14,675 
Private Warrants8,294 9,950 8,294 9,950 
EDGE warrants— 687 — 687 
Options4,792 8,459 4,792 8,459 
RSUs9,277 6,622 9,277 6,622 
Total
126,126 87,593 126,126 87,593