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Equity-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity Transactions
The following is a summary of the stock option transactions as of and for the three months ended March 31, 2025:
 Stock Options Outstanding
(amounts in thousands, except shares and per share amount)
Shares Subject to Options Outstanding
Weighted- Average Exercise Price per OptionWeighted- Average Remaining Contractual Terms (in years)Aggregate Intrinsic Value
Balances as of December 31, 20248,762,481$16.97 6.29$2,250 
Options granted—  
Options exercised(24,472)8.47  
Options forfeited / expired(20,516)16.06  
Balances as of March 31, 20258,717,49317.00 6.0414,203 
Vested and Exercisable as of March 31, 20258,238,335$17.23 6.01$11,551 
Schedule of Restricted Stock Transactions
The following is a summary of RSA transactions for the three months ended March 31, 2025:
 
Restricted Shares
Weighted-Average Grant Date Fair Value
Unvested and outstanding as of December 31, 202450,192$16.86 
Vested(49,915)18.00 
Forfeited(277)18.00 
Unvested and outstanding as of March 31, 2025$— 
The following is a summary of RSU transactions as of and for the three months ended March 31, 2025:
 
Restricted Stock Units
Weighted-Average Grant Date Fair Value
Unvested and outstanding as of December 31, 202413,344,685$9.05 
Granted2,214,28715.48
Vested(1)
(3,004,707)6.74
Forfeited(321,137)8.71
Unvested and outstanding as of March 31, 202512,233,128$10.79 
(1) Includes shares that vested but the issuance and delivery of the shares was deferred.
Schedule of PSUs Transactions
The following is a summary of PSU transactions for the three months ended March 31, 2025:
 Performance-based restricted stock unitsWeighted-Average Grant Date Fair Value
Unvested and outstanding as of December 31, 20248,074,871$5.64 
Granted714,19315.50 
Vested(3,826,723)5.74 
Forfeited(8,334)5.74 
Unvested and outstanding as of March 31, 20254,954,007$6.98 
Schedule of Equity-Based Compensation Expense of Operation
Total equity-based compensation expense was presented on the statement of operations as follows:
 Three Months Ended March 31,
(amounts in thousands)20252024
Selling, general and administrative expenses$16,035 $19,721 
Medical expenses1,152 1,133 
Total equity-based compensation expense$17,187 $20,854