Net (Loss) Income Per Share Attributable to Common Stockholders

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Net (Loss) Income Per Share Attributable to Common Stockholders

Net Loss Per Share Attributable to Common Stockholders

Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding adjusted for the dilutive effect of all potential shares of common stock. In periods when the Company reported a net loss, diluted net loss per share is the same as basic net loss per share because the effects of potentially dilutive items were anti-dilutive.

The Company calculated basic and diluted net loss per share attributable to common stockholders as follows:

	Three Months Ended March 31,
	2025				2024 (1)
	Class A		Class B		Class A		Class B
Numerator
Net loss attributable to common stockholders, basic	$	(7,711)	$	(549)	$	(32,280)	$	(3,780)
Net loss attributable to common stockholders, diluted	$	(7,711)	$	(549)	$	(32,280)	$	(3,780)
Denominator
Weighted-average shares used in computing basic net loss share attributable to common stockholders	467,927		33,295		463,694		54,294
Effect of dilutive potential shares of common stock	—		—		—		—
Weighted-average shares used in computing diluted net loss per share attributable to common stockholders	467,927		33,295		463,694		54,294
Net loss per share attributable to common stockholders, basic	$	(0.02)	$	(0.02)	$	(0.07)	$	(0.07)
Net loss per share attributable to common stockholders, diluted	$	(0.02)	$	(0.02)	$	(0.07)	$	(0.07)

(1) The prior period Net loss per share for Class A and Class B common stock has been presented separately to conform with current period presentation, which had no impact on the Company’s previously reported basic or diluted net loss per share.

As the liquidation and dividend rights are identical for Class A common stock and Class B common stock, the undistributed earnings are allocated on a proportionate basis and the resulting income or loss per share will, therefore, be the same for both Class A common stock and Class B common stock on an individual or combined basis.

The following potentially dilutive securities were excluded from the computation of diluted net loss per share during the three months ended March 31, 2025 and 2024 because including them would have had an anti-dilutive effect as the Company was in a loss position during the period:

	As of March 31, 2025		As of March 31, 2024
	Class A	Class B	Class A	Class B
Warrants to purchase Class B common stock	—	1,900	—	1,900
Stock options, restricted stock, and employee stock purchase plan	48,609	5,169	55,075	28,201
Total	48,609	7,069	55,075	30,101