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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Option Activity | The following table shows stock award activity for the years ended December 31, 2025 and 2024:
|  | Options |  | RSUs |  | Total |  | Weighted Average Exercise Price of Options |  | Weighted Average FMV of RSUs |  | Weighted Average Remaining Term of Options (Years) |  | Aggregate Intrinsic Value
|  |  |  | Time Based |  | PSP |  | LTIP |  |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2023 |  | 22,255 |  |  | 17,881 |  |  | 13,809 |  |  | 1,255 |  |  | 55,200 |  |  | $ | 7.10 |  |  | $ | 21.01 |  |  | 4.59 |  | $ | 645,885 |
Granted |  | 761 |  |  | 7,789 |  |  | 1,449 |  |  | — |  |  | 9,999 |  |  | 31.85 |  |  | 42.48 |  |  |  |  |
Exercised options / vested RSUs |  | (2,227) |  |  | (7,841) |  |  | — |  |  | (261) |  |  | (10,329) |  |  | 4.17 |  |  | 26.11 |  |  |  |  |
Change in awards due to performance-based multiplier |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Forfeited |  | (14) |  |  | (1,576) |  |  | (752) |  |  | (135) |  |  | (2,477) |  |  | 16.99 |  |  | 23.34 |  |  |  |  |
Outstanding at December 31, 2024 |  | 20,775 |  |  | 16,253 |  |  | 14,506 |  |  | 859 |  |  | 52,393 |  |  | $ | 8.31 |  |  | $ | 23.75 |  |  | 3.70 |  | $ | 621,065 |
Granted |  | 400 |  |  | 7,169 |  |  | 1,366 |  |  | — |  |  | 8,935 |  |  | 47.72 |  |  | 42.57 |  |  |  |  |
Exercised options / vested RSUs |  | (3,157) |  |  | (8,235) |  |  | (14,733) |  |  | (371) |  |  | (26,496) |  |  | 3.52 |  |  | 20.69 |  |  |  |  |
Change in awards due to performance-based multiplier |  | — |  |  | — |  |  | 7,147 |  |  | — |  |  | 7,147 |  |  |  |  | 43.23 |  |  |  |  |
Forfeited |  | (12) |  |  | (1,603) |  |  | (420) |  |  | (79) |  |  | (2,114) |  |  | 17.72 |  |  | 29.26 |  |  |  |  |
Outstanding at December 31, 2025 |  | 18,006 |  |  | 13,584 |  |  | 7,866 |  |  | 409 |  |  | 39,865 |  |  | $ | 10.03 |  |  | $ | 31.16 |  |  | 2.98 |  | $ | 471,334 |
The following table provides additional information for stock option awards outstanding as of December 31, 2025:
| Awards Outstanding |  | Weighted Average Remaining Term of Options (Years) |  | Aggregate Intrinsic Value |  | Weighted Average Exercise Price of Options
Stock options exercisable | 17,507 |  | 2.80 |  | $ | 470,715 |  |  | $ | 9.05 |
Stock options remaining to vest | 487 |  | 9.20 |  | $ | 619 |  |  | $ | 44.98 |
Summary of Stock Compensation Expense | The following table shows stock-based compensation cost for the years ended December 31, 2025, 2024 and 2023:
| Year Ended |  | Year Ended |  | Year Ended
| December 31, 2025 |  | December 31, 2024 |  | December 31, 2023
| Options |  | RSUs |  | Total(3) |  | Options |  | RSUs |  | Total(3) |  | Options |  | RSUs |  | Total
Time Based (1) | $ | 8,669 |  |  | $ | 209,381 |  |  | $ | 218,050 |  |  | $ | 13,257 |  |  | $ | 193,860 |  |  | $ | 207,117 |  |  | $ | 10,178 |  |  | $ | 183,937 |  |  | $ | 194,115 |
PSP (2) | — |  |  | 118,460 |  |  | 118,460 |  |  | — |  |  | 169,832 |  |  | 169,832 |  |  | — |  |  | 126,071 |  |  | 126,071 |
LTIP (2) | — |  |  | 2,801 |  |  | 2,801 |  |  | — |  |  | 4,418 |  |  | 4,418 |  |  | — |  |  | 78,277 |  |  | 78,277 |
Total | $ | 8,669 |  |  | $ | 330,642 |  |  | $ | 339,311 |  |  | $ | 13,257 |  |  | $ | 368,110 |  |  | $ | 381,367 |  |  | $ | 10,178 |  |  | $ | 388,285 |  |  | $ | 398,463 |
(1) Time-based awards vest and are expensed over a defined service period. (2) PSP and LTIP awards vest based on defined performance criteria and are expensed based on the probability of achieving such criteria. (3) Total expenses includes $10.7 million, $17.3 million and $20.2 million of liability-classified awards recorded within accounts payable and accrued liabilities in the consolidated balance sheet as of December 31, 2025, 2024 and 2023, respectively. During the years ended December 31, 2025 and 2024, we capitalized stock-based compensation primarily associated with the development of software of $23.5 million and $17.8 million, respectively.

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