v3.25.4
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
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).

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Numerator

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1,688

 

 

$

31,240

 

 

$

(90,071

)

Accretion of redeemable non-controlling interest

 

 

(1,276

)

 

 

(5,095

)

 

 

(2,405

)

Net income (loss) attributable to common stockholders

 

$

412

 

 

$

26,145

 

 

$

(92,476

)

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock—basic

 

 

629,960,378

 

 

 

610,761,424

 

 

 

617,889,384

 

Dilutive effect of stock-based awards

 

 

29,624,997

 

 

 

31,114,101

 

 

 

—

 

Weighted average shares of common stock—diluted

 

 

659,585,375

 

 

 

641,875,525

 

 

 

617,889,384

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share attributable to common stockholders:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.00

 

 

$

0.04

 

 

$

(0.15

)

Diluted

 

$

0.00

 

 

$

0.04

 

 

$

(0.15

)