v3.26.3
Segment Information - Reconciliation of Segment Adjusted EBITDA to Net Loss (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Information        
Revenue $ 727,928 $ 568,549 $ 1,894,054 $ 1,463,277
Cost of sales 646,172 523,692 1,711,887 1,336,623
General and administrative expenses 60,523 19,584 99,738 56,000
Marketing expenses 27,451 21,034 76,723 62,015
Marketing funds expenses 6,718   6,718  
Research and development expenses 6,499 4,712 16,999 12,637
Other income (expenses), net 5,487 (227) 5,232 (70)
Depreciation and amortization     4,705 1,344
Loss on extinguishment of debt and bridge commitment fees     5,246  
Severance-related personnel costs     23,708  
Loss before tax (83,413) (191) (94,296) (3,762)
Stock-based compensation expense 49,617 19,912 88,422 50,414
Operating Segments        
Segment Information        
Revenue 727,928 568,549 1,894,054 1,463,277
Cost of sales 632,330 511,137 1,673,979 1,303,867
General and administrative expenses 23,638 14,497 53,776 44,000
Marketing expenses 21,784 17,042 61,859 51,213
Marketing funds expenses 6,717   6,717  
Research and development expenses 5,824 4,184 15,014 11,319
Other income (expenses), net 447 (181) 149 (2,493)
Segment Adjusted EBITDA 37,188 21,870 82,560 55,371
Operating Segments | Brokerage        
Segment Information        
Revenue 695,499 565,307 1,854,425 1,454,501
Cost of sales 631,121 510,009 1,670,208 1,300,793
General and administrative expenses 13,147 11,673 37,585 35,062
Marketing expenses 20,046 17,003 59,974 51,045
Research and development expenses 4,523 4,133 13,588 11,163
Other income (expenses), net (111) (146) (273) (2,402)
Segment Adjusted EBITDA 26,773 22,635 73,343 58,840
Revenue share expenses 19,600 15,700 57,200 45,900
Operating Segments | Franchise        
Segment Information        
Revenue 27,098   27,098  
Cost of sales 51   51  
General and administrative expenses 5,860   5,860  
Marketing expenses 1,134   1,134  
Marketing funds expenses 6,672   6,672  
Research and development expenses 973   973  
Other income (expenses), net 624   624  
Segment Adjusted EBITDA 11,784   11,784  
Operating Segments | Other        
Segment Information        
Revenue 5,331 3,242 12,531 8,776
Cost of sales 1,158 1,128 3,720 3,074
General and administrative expenses 4,631 2,824 10,331 8,938
Marketing expenses 604 39 751 168
Marketing funds expenses 45   45  
Research and development expenses 328 51 453 156
Other income (expenses), net (66) (35) (202) (91)
Segment Adjusted EBITDA (1,369) (765) (2,567) (3,469)
Reconciliation of segment adjusted EBITDA to loss before tax        
Segment Information        
Unallocated costs (3,434) (1,499) 6,324 (6,681)
Stock-based compensation - excluding cost of sales (35,775) (7,357) (50,514) (17,657)
Stock-based compensation - cost of sales (13,842) (12,555) (37,908) (32,757)
Depreciation and amortization (3,577) (567) (4,705) (1,344)
Settlement of litigation and impairment charges (276)   (385) (27)
Loss on extinguishment of debt and bridge commitment fees (5,246)   (5,246)  
Restructuring expenses       (250)
Restructuring expense (448)   (1,161)  
Severance-related personnel costs (23,708)   (23,708)  
Other acquisition-related expenses (28,624)   (40,518)  
Other adjustments 249 (138) (201) (583)
Interest expense $ (5,920) $ 55 $ 6,588 $ 166