Quarterly report [Sections 13 or 15(d)]

NET LOSS PER SHARE (Tables)

v3.26.1
NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Attributable to Common Stockholders
The following table sets forth the computation of basic and diluted net loss attributable to Class A and Class B common stockholders per share (in thousands except per share data):

Three Months Ended June 30, 2026 Three Months Ended June 30, 2025
Class A Class B Class A Class B
Numerator
Net loss attributable to common stockholders – basic $ (11,562) $ (1,712) $ (2,561) $ (387)
Potential dilutive effect of derivative instruments —  —  —  — 
Net loss attributable to common stockholders – diluted $ (11,562) $ (1,712) $ (2,561) $ (387)
Denominator
Weighted average shares of common stock outstanding - basic 111,159  16,458  108,990  16,458 
Potential dilutive effect of derivative instruments
—  —  —  — 
Weighted average shares of common stock outstanding - diluted 111,159  16,458  108,990  16,458 
Net loss attributable to common stockholders per share
Basic $ (0.10) $ (0.10) $ (0.02) $ (0.02)
Diluted $ (0.10) $ (0.10) $ (0.02) $ (0.02)
Six Months Ended June 30, 2026 Six Months Ended June 30, 2025
Class A Class B Class A Class B
Numerator
Net loss attributable to common stockholders – basic $ (20,863) $ (3,087) $ (5,063) $ (765)
Potential dilutive effect of derivative instruments —  —  —  — 
Net loss attributable to common stockholders – diluted $ (20,863) $ (3,087) $ (5,063) $ (765)
Denominator
Weighted average shares of common stock outstanding - basic 111,180  16,458  108,893  16,458 
Potential dilutive effect of derivative instruments
—  —  —  — 
Weighted average shares of common stock outstanding - diluted 111,180  16,458  108,893  16,458 
Net loss attributable to common stockholders per share
Basic $ (0.19) $ (0.19) $ (0.05) $ (0.05)
Diluted $ (0.19) $ (0.19) $ (0.05) $ (0.05)
Schedule of Excluded Securities from Computation of Diluted Net Loss Per Share
The following equity awards outstanding at the end of each period presented have been excluded from the computation of diluted net loss per share of common stock for the periods presented due to their anti-dilutive effect:
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Stock options 4,458  4,711  4,458  4,711 
Restricted stock units 8,244  13,422  8,244  13,422 
Performance stock units
2,250  2,704  2,250  2,704 
Public Warrants —  5,382  —  5,382 
Private Warrants —  3,822  —  3,822 
Earnout Shares —  15,000  —  15,000 
14,952  45,041  14,952  45,041