v3.26.1
Loss Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
The Company computes loss per share of the Class A common stock and Class B common stock using the two-class method required for participating securities. Basic and diluted loss per share are the same for each class of common stock as they are entitled to the same liquidation and dividend rights. The effect of potentially dilutive common shares is reflected in diluted loss per share by application of the treasury stock method. There have been no material changes from the pertinent rights and privileges for participating securities previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2025.
The following table sets forth the computation of basic and diluted loss per Class A common stock and Class B common stock (in thousands, except for share and per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Numerator:
Net loss$(24,475)$(17,922)$(35,420)$(35,064)
Denominator:
Weighted average shares outstanding - basic and diluted
16,074,260 15,491,239 15,953,829 15,888,064 
Loss per share, basic and diluted$(1.52)$(1.16)$(2.22)$(2.21)
The following outstanding common stock equivalents were considered antidilutive, and therefore, excluded from the computation of diluted loss per share attributable to common stockholders for the periods presented (share numbers are not in thousands).
As of June 30,
20262025
Common stock warrants— 226,786 
Common stock options669,254 681,231 
Performance stock units211,243 27,075 
Restricted stock units954,077 1,937,832 
Total1,834,574 2,872,924