Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2025

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of The Activity of Restricted Stock And RSUs Granted By The Company

Following is the activity of restricted stock and RSUs granted by the Company:

	Shares			Weighted-Average Grant Date Fair Value
Non-vested as of January 1, 2025		32,029,604		$	11.26
Granted (1)		4,608,334			15.44
Vested (2)		(10,624,686	)		10.54
Forfeited (3)		(777,612	)		12.37
Non-vested as of June 30, 2025 (4)		25,235,640		$	12.30

(1)During the six months ended June 30, 2025, the Company granted 219,896 shares of restricted stock and 4,388,438 RSUs to its employees, advisors and non-employee directors.

(2)During the six months ended June 30, 2025, 9,194,909 shares of restricted stock and 1,429,777 RSUs were vested.

(3)During the six months ended June 30, 2025, 348,686 shares of restricted stock and 428,926 RSUs were forfeited.

(4)Includes 12,296,640 unvested shares of Class A restricted stock, 4,684,103 unvested shares of Class B restricted stock and 8,254,897 unvested RSUs, each as of June 30, 2025.

Summary of Transaction under the Plans and the 2021 Plan

Following is the summary of transactions under the Plans and the 2021 Plan:

	Number of options			Weighted- average exercise price		Weighted- average remaining contractual life (years)		Aggregate intrinsic value (per share)
Outstanding options as of January 1, 2025		3,814,015		$	9.70		8.35	$	8.45
Granted		9,290,214			12.57		—		—
Exercised		(145,080	)		6.73		—		—
Forfeited		(130,308	)		10.64		—		—
Outstanding options as of June 30, 2025		12,828,841		$	11.80		9.40	$	1.53

Summary of Performance Stock Unit Award Activity

Following is the summary of PSUs subject to market conditions under the Company’s 2021 Plan:

	Number of PSUs			Weighted Average Grant Date Fair Value
Outstanding PSUs as of January 1, 2025		9,913,174		$	16.27
Granted		—			—
Performance Adjustment		2,694,032			17.83
Vested and Issued		(2,513,847	)		17.10
Forfeited		(213,571	)		16.20
Outstanding PSUs as of June 30, 2025		9,879,788		$	16.48

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions

	As of June 30, 2025
Dividend yield		0.0	%
Risk free interest rate		4.3	%
Volatility		65.4	%

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share Based Compensation Stock Options Valuation Assumptions

	As of June 30, 2025
Dividend yield		0.0	%
Volatility		55.0	%
Expected Term (years)		6.11
Risk free rate of interest		4.0	%