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Stock-Based Compensation
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation
18. Stock-Based Compensation
Stock-Based Compensation Expense—Stock-based compensation expense is included within compensation and benefits in the condensed consolidated statements of operations and comprehensive loss. The Company recognized stock-based compensation expense as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(Amounts in thousands)2025202420252024
Stock-based compensation expense4,271 5,487 12,556 21,812 

Stock-based compensation expense excludes $0.3 million and $0.4 million of stock-based compensation expense for the three months ended September 30, 2025 and 2024, which was capitalized (see Note 6). Stock-based compensation expense excludes $1.1 million and $1.3 million of stock-based compensation expense for the nine months ended September 30, 2025 and 2024, which was capitalized (see Note 6).