v3.25.3
(LOSS) EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Weighted Average Shares Outstanding
Basic and diluted weighted average shares outstanding and (loss) earnings per share were as follows (in thousands, except share and per share data):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Net loss$(90,660)$(89,167)$(66,135)$(150,075)
Weighted average shares used in computing (loss) earnings per share, basic and diluted146,803,539 145,222,189 147,923,437 145,247,477 
Basic (loss) earnings per share$(0.62)$(0.61)$(0.45)$(1.03)
Diluted (loss) earnings per share$(0.62)$(0.61)$(0.45)$(1.03)
Summary of Anti-Dilutive Securities Excluded in the Calculation
The number of anti-dilutive securities not included in the calculation of diluted (loss) earnings per share were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
PBNQSO6,856,989 6,324,992 2,867,906 2,271,667 
Founders advisory fees17,751,491 9,428,244 10,631,286 9,428,244 
Warrants— 8,459,849 — 8,460,523 
Total24,608,480 24,213,085 13,499,192 20,160,434