| Net Loss Per Share |
Net Loss Per Share The following table sets forth the computation of basic and diluted net loss per share (in thousands, except unit/share and per unit/share amounts, unaudited): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | Net loss | $ | (8,652) | | | $ | (1,238) | | | $ | (8,792) | | | $ | (23,595) | | | Less: Net loss attributable to non-controlling interest | (5,307) | | | (752) | | | (5,329) | | | (14,893) | | | Net loss attributable to Class A Common Stock, basic and diluted | $ | (3,345) | | | $ | (486) | | | $ | (3,463) | | | $ | (8,702) | | | | | | | | | | | | | | | | | | | Weighted-average shares of Class A Common Stock outstanding, basic and diluted | 11,986,604 | | | 10,799,479 | | | 11,771,326 | | | 8,862,574 | | | | | | | | | | | Net loss per share attributable to Class A common stockholders, basic and diluted | $ | (0.28) | | | $ | (0.05) | | | $ | (0.29) | | | $ | (0.98) | | | | | | | | | |
We excluded the following potentially dilutive securities, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to Class A Common Shareholders because including them would have had an antidilutive effect: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Stock Options | 846,545 | | | 772,249 | | | 846,545 | | | 772,249 | | | Common Units | 13,045,498 | | | 13,388,969 | | | 13,045,498 | | | 13,388,969 | | | RSUs | 695,240 | | | 412,418 | | | 695,240 | | | 412,418 | | | PSUs | 1,075,938 | | | 846,241 | | | 1,075,938 | | | 846,241 | | | Incentive Units (Share Equivalents) | 122,185 | | | 122,185 | | | 122,185 | | | 122,185 | | | Employee Stock Purchase Plan | 7,540 | | | 8,166 | | | 7,540 | | | 8,166 | | | Total units excluded from computation of diluted net loss per share | 15,792,946 | | | 15,550,228 | | | 15,792,946 | | | 15,550,228 | |
|