STOCKHOLDERS’ EQUITY (Tables)

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Schedule of Common Stock Outstanding

The following table summarizes the total shares of Class A common stock and Class B common stock outstanding as of September 30, 2025 and December 31, 2024:

(in thousands)	September 30, 2025	December 31, 2024
Shares of Class A common stock	202,547	204,961
Shares of Class B common stock	65	65
Total	202,612	205,026

Schedule of Warrants

The following table summarizes warrant activity during the nine months ended September 30, 2025:

	Number of Warrants (in thousands)	Weighted-Average Exercise Price		Weighted-Average Remaining Exercise Period (years)	Aggregate Intrinsic Value (in thousands)(1)
Outstanding, December 31, 2024	3,277	$	3.42	1.2	$	—
Expired	(188)	2.64
Outstanding, September 30, 2025(2)	3,089	$	3.46	0.5	$	—

(1)Based on the amount by which the closing market price of our Class A common stock exceeds the exercise price on each date indicated.

(2)The warrants outstanding as of September 30, 2025 are equity-classified instruments, are subject to customary anti-dilution adjustments, and are stand-alone instruments. The fair value per warrant was calculated at issuance using a Black-Scholes model and ranged from $0.06 to $0.84. Significant assumptions used in the calculations included volatility ranging from 70.0% to 87.5% and risk-free rates ranging from 0.3% to 3.0%. No warrants were exercised during the nine months ended September 30, 2025.