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Net (Loss) Income Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth a reconciliation of the numerator and denominator used to compute basic and diluted earnings per share of common stock (in thousands, except for share and per share data).

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(1,971

)

 

$

4,132

 

 

$

(6,432

)

 

$

24,980

 

Accretion of redeemable non-controlling interest

 

 

 

 

 

(1,320

)

 

 

(1,276

)

 

 

(3,683

)

Net (loss) income attributable to common stockholders

 

$

(1,971

)

 

$

2,812

 

 

$

(7,708

)

 

$

21,297

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock—basic and diluted

 

 

631,440,015

 

 

 

615,857,231

 

 

 

635,263,670

 

 

 

608,073,087

 

Dilutive effect of stock-based awards

 

 

 

 

 

26,547,286

 

 

 

 

 

 

30,996,404

 

Weighted average shares of common stock—diluted

 

 

631,440,015

 

 

 

642,404,517

 

 

 

635,263,670

 

 

 

639,069,491

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.00

)

 

$

0.00

 

 

$

(0.01

)

 

$

0.04

 

Diluted

 

$

(0.00

)

 

$

0.00

 

 

$

(0.01

)

 

$

0.03