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Shareholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Issued Shares of Class A common stock Under 2019 Long-Term Incentive Plan and 2009 Long-Term Incentive Plan

During 2024 and 2023, we issued shares of our Class A common stock as shown in the table below under our 2019 Long-Term Incentive Plan (the “2019 Plan”) and the 2009 Long-Term Incentive Plan (the “2009 Plan”).

 

 

 

For the Years Ended December 31,

 

 

 

2024

 

 

2023

 

Shares issued to independent directors for vesting of restricted stock
   units issued for services rendered, in lieu of cash compensation

 

 

56,035

 

 

 

45,268

 

Shares issued to employees upon exercise of stock options, vesting
   of restricted stock units, and employee stock purchase program

 

 

197,546

 

 

 

29,991

 

Class A Common Shares Reserved for Future Issuance

As of December 31, 2024, we had the following Class A common shares reserved for future issuance:

Conversion of Class B common stock

 

 

5,400,000

 

Reserved under the ESPP (note 12)

 

 

205,954

 

Stock options outstanding under the 2009 Plan

 

 

197,846

 

Restricted stock units outstanding under the 2009 Plan

 

 

 

Restricted stock units outstanding under the 2019 Plan

 

 

1,286,991

 

Total shares reserved for future issuance

 

 

7,090,791