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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY - UNAUDITED - USD ($)
shares in Millions, $ in Millions
Total
Class A Shares
Class B Shares
Class A and Class B Convertible Common Stock
Class A and Class B Convertible Common Stock
Class A Shares
Class A and Class B Convertible Common Stock
Class B Shares
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Accumulated Loss
Beginning balance (in shares) at Dec. 31, 2022 14.1                
Beginning balance at Dec. 31, 2022 $ 112.0                
Ending balance (in shares) at Sep. 30, 2023 14.1                
Ending balance at Sep. 30, 2023 $ 112.0                
Beginning balance (in shares) at Dec. 31, 2022         9.2 5.0      
Beginning balance at Dec. 31, 2022 277.1     $ 0.0     $ 1,850.7 $ (5.8) $ (1,567.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (123.4)               (123.4)
Other comprehensive income (loss) (0.8)             (0.8)  
Common stock—option exercises and restricted stock units vesting, net of shares withheld for employee taxes (in shares)         0.3        
Common stock—share-based compensation expense 12.4           12.4    
Warrant compensation expense 13.3           13.3    
Warrant issuance costs (1.5)           (1.5)    
Ending balance (in shares) at Sep. 30, 2023         9.5 5.0      
Ending balance at Sep. 30, 2023 $ 177.1     0.0     1,874.9 (6.6) (1,691.2)
Beginning balance (in shares) at Jun. 30, 2023 14.1                
Beginning balance at Jun. 30, 2023 $ 112.0                
Ending balance (in shares) at Sep. 30, 2023 14.1                
Ending balance at Sep. 30, 2023 $ 112.0                
Beginning balance (in shares) at Jun. 30, 2023         9.4 5.0      
Beginning balance at Jun. 30, 2023 214.4     0.0     1,865.7 (5.9) (1,645.4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (45.8)               (45.8)
Other comprehensive income (loss) (0.7)             (0.7)  
Common stock—option exercises and restricted stock units vesting, net of shares withheld for employee taxes (in shares)         0.1        
Common stock—share-based compensation expense 4.7           4.7    
Warrant compensation expense 5.0           5.0    
Warrant issuance costs (0.5)           (0.5)    
Ending balance (in shares) at Sep. 30, 2023         9.5 5.0      
Ending balance at Sep. 30, 2023 $ 177.1     0.0     1,874.9 (6.6) (1,691.2)
Beginning balance (in shares) at Dec. 31, 2023 14.1                
Beginning balance at Dec. 31, 2023 $ 112.0                
Ending balance (in shares) at Sep. 30, 2024 14.1                
Ending balance at Sep. 30, 2024 $ 112.0                
Beginning balance (in shares) at Dec. 31, 2023   9.5 5.0   9.5 5.0      
Beginning balance at Dec. 31, 2023 165.7     0.0     1,883.4 (2.5) (1,715.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 8.8               8.8
Other comprehensive income (loss) $ 4.6             4.6  
Conversion of Class B to Class A (in shares)         0.6 (0.6)      
Common stock—option exercises and restricted stock units vesting, net of shares withheld for employee taxes (in shares) 0.0       0.5        
Common stock—restricted stock units vesting, net of shares withheld for employee taxes $ (13.3)           (15.7)   2.4
Common stock—share-based compensation expense 12.7           12.7    
Warrant compensation expense 3.8           3.8    
Warrant issuance costs (0.4)           (0.4)    
Ending balance (in shares) at Sep. 30, 2024   10.6 4.4   10.6 4.4      
Ending balance at Sep. 30, 2024 $ 181.9     0.0     1,883.8 2.1 (1,704.0)
Beginning balance (in shares) at Jun. 30, 2024 14.1                
Beginning balance at Jun. 30, 2024 $ 112.0                
Ending balance (in shares) at Sep. 30, 2024 14.1                
Ending balance at Sep. 30, 2024 $ 112.0                
Beginning balance (in shares) at Jun. 30, 2024         10.6 4.4      
Beginning balance at Jun. 30, 2024 151.3     0.0     1,881.5 (3.4) (1,726.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 22.8               22.8
Other comprehensive income (loss) 5.5             5.5  
Common stock—restricted stock units vesting, net of shares withheld for employee taxes (2.0)           (2.0)    
Common stock—share-based compensation expense 4.3           4.3    
Ending balance (in shares) at Sep. 30, 2024   10.6 4.4   10.6 4.4      
Ending balance at Sep. 30, 2024 $ 181.9     $ 0.0     $ 1,883.8 $ 2.1 $ (1,704.0)