v3.26.3
Equity-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of the Company's RSU activity
A summary of the Company’s RSU activity is as follows:
UNITSWEIGHTED-
AVERAGE
GRANT DATE
FAIR VALUE
Non-vested RSUs as of December 31, 20253,358,181$14.48 
Granted4,546,695 6.24 
Vested*(1,563,397)15.57 
Forfeited(564,787)11.26 
Cancelled(3,255)11.09 
Non-vested RSUs as of September 30, 20265,773,437$8.01 
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* The number of the RSUs vested included 557,001 shares that were withheld on behalf of employees to satisfy the statutory tax withholding requirements.
Schedule of Nonvested Performance-Based Units Activity
A summary of the Company’s PSU activity for the period ended September 30, 2026 is as follows:
UNITSWEIGHTED-
AVERAGE
GRANT DATE
FAIR VALUE
Non-vested PSUs as of December 31, 20251,194,188$13.05 
Granted2,009,6853.64 
Vested—— 
Forfeited(302,663)5.57 
 Cancelled*(200,263)25.26 
Non-vested PSUs as of September 30, 20262,700,947$5.98 
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*    During the first nine months of 2026, the Company cancelled 200,263 PSU shares that did not meet the required performance and market conditions for vesting.
Schedule of Compensation Expense
The following table summarizes the components of total equity-based compensation expense included in the condensed consolidated statements of operations for each period presented:
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
2026202520262025
(In thousands)
Cost of revenues$1,658 $3,251 $6,436 $8,849 
Sales and marketing680 1,213 2,402 3,103 
Research and development728 1,072 2,460 2,673 
General and administrative 2,950 4,038 8,132 10,264 
Total$6,016 $9,574 $19,430 $24,889