v3.26.3
NET LOSS PER SHARE
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
9. NET LOSS PER SHARE
The following table summarizes the calculation of basic and diluted net loss per share:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Net loss attributable to Class A common stockholders basic and diluted$(942)$(776)$(4,832)$(3,674)
Weighted average number of shares of Class A common stock - basic29,641,216 28,279,527 29,193,870 28,090,014 
Weighted average number of shares of Class A common stock - diluted29,641,216 28,279,527 29,193,870 28,090,014 
Net loss per share of Class A common stock
Basic$(0.03)$(0.03)$(0.17)$(0.13)
Diluted$(0.03)$(0.03)$(0.17)$(0.13)
The basic loss per share for the three and nine months ended September 30, 2026 and 2025 does not include 1,635,783 shares in treasury and 716,650 shares that are issued and outstanding but are contingent on achieving earnout targets.
Additionally, the diluted loss per share of Class A common stock for the three and nine months ended September 30, 2026 and 2025 does not include redeemable preferred non-controlling interests because the substantive contingency for conversion has not been met as of September 30, 2026. It also excludes redeemable non-controlling interests for the three and nine months ended September 30, 2026 and 2025.
For the periods in which loss per share is presented, the following securities were excluded from the computation of diluted loss per share since their impact would have been antidilutive:
Nine Months Ended September 30,
20262025
Stock Options2,355,563 1,601,559 
Unvested PSUs (1)
2,606,654 1,954,966 
Unvested RSUs4,590,543 4,352,791 
Warrants (2)
2,160,000 — 
OPAL Fuels Class B Units144,399,037 144,399,037 
(1) All unvested PSUs are contingent on achieving performance targets.
(2) Includes 720,000 warrants that are subject to forfeiture contingent on obtaining additional funding