Equity-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award

RSU activity under the 2020 Plan during the three months ended March 31, 2025, was as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding non-vested, December 31, 2024	2,648,161	$	10.97
Shares granted	2,326,733	6.18
Shares vested	(588,453)	13.15
Shares forfeited	(96,672)	12.59
Outstanding non-vested, March 31, 2025	4,289,769	$	8.03

The following assumptions were used in the Monte Carlo simulation for computing the grant date fair value of the PSUs issued during the three months ended March 31, 2025 and 2024:

	2025		2024 (1)
Volatility	76	%	—	%
Risk-free interest rate	4.04	%	—	%
Dividend yield	—	%	—	%

(1) No PSUs were issued during the three months ended March 31, 2024.

PSU activity under the 2020 Plan during the three months ended March 31, 2025, was as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding non-vested, December 31, 2024	924,241	$	12.76
Shares granted	638,222	6.60
Shares vested	—	—
Shares forfeited	(17,859)	14.19
Outstanding non-vested, March 31, 2025	1,544,604	$	9.53