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Net (Loss) Income Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net (Loss) Income Attributable to Common Stockholders Net (Loss) Income Attributable to Common Stockholders
The following table sets forth the calculation of both basic and diluted net (loss) income per share as follows for the periods indicated:
Year Ended December 31,
(in thousands, except share and per share amounts)202420232022
Net (loss) income available to common stockholders - basic$(29,098)$(100,116)$44,224 
Adjustments related to the Notes (1)
(22,671)— — 
Income on Private Placement Warrants
— — (78,343)
Net loss available to common stockholders - diluted$(51,769)$(100,116)$(34,119)
Weighted average common stock outstanding - basic
123,827,372 131,680,605 147,554,090 
Effect of dilutive shares:
Notes18,665,203 — — 
Private Placement Warrants
— — 952,222 
Weighted average common stock outstanding - diluted142,492,575 131,680,605 148,506,312 
Basic net (loss) income per share:$(0.23)$(0.76)$0.30 
Dilutive net loss per share:$(0.36)$(0.76)$(0.23)
(1) For the year ended December 31, 2024, the adjustments related to the Notes include the net gain on repurchase offset by interest expense and amortization of debt issuance costs related to the Company’s Notes (net of taxes).
The following shares have been excluded from the calculation of the weighted average diluted shares outstanding as the effect would have been anti-dilutive:

Year Ended December 31,
202420232022
Notes— 23,614,425 23,614,425 
RSUs
7,254,391 5,242,680 2,580,152 
Stock Options3,483,070 3,732,420 5,601,770 
PSUs
1,237,822 1,306,558 2,500,126 
For the years ended December 31, 2024 and 2023, income and shares related to the Private Placement Warrants were excluded from the calculation of diluted net loss per share of Class A Common Stock because their effect would be anti-dilutive.