| Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth a reconciliation of the numerator and denominator used to compute basic earnings per share of common stock (in thousands, except for share and per share data).
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Year Ended December 31, |
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2025 |
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2024 |
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2023 |
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Numerator |
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Net income (loss) |
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$ |
1,688 |
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$ |
31,240 |
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$ |
(90,071 |
) |
Accretion of redeemable non-controlling interest |
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(1,276 |
) |
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(5,095 |
) |
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(2,405 |
) |
Net income (loss) attributable to common stockholders |
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$ |
412 |
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$ |
26,145 |
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$ |
(92,476 |
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Denominator |
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Weighted average shares of common stock—basic |
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629,960,378 |
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610,761,424 |
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617,889,384 |
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Dilutive effect of stock-based awards |
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29,624,997 |
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31,114,101 |
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— |
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Weighted average shares of common stock—diluted |
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659,585,375 |
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641,875,525 |
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617,889,384 |
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Net income (loss) per share attributable to common stockholders: |
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Basic |
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$ |
0.00 |
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$ |
0.04 |
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$ |
(0.15 |
) |
Diluted |
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$ |
0.00 |
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$ |
0.04 |
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$ |
(0.15 |
) |
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