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Stock-Based Compensation (Tables)
 12 Months Ended
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:
 
OptionsRSUsTotalWeighted
Average
Exercise
Price of
Options		Weighted
Average
FMV
of
 RSUs		Weighted
Average
Remaining Term
of Options
 (Years)		Aggregate
Intrinsic
 Value
Time BasedPSPLTIP
Outstanding at December 31, 202322,255 17,881 13,809 1,255 55,200 $7.10 $21.01 4.59$645,885 
Granted761 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, 202420,775 16,253 14,506 859 52,393 $8.31 $23.75 3.70$621,065 
Granted400 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, 202518,006 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 OutstandingWeighted Average Remaining Term of Options (Years)Aggregate Intrinsic ValueWeighted Average Exercise Price of Options
Stock options exercisable17,5072.80$470,715 $9.05 
Stock options remaining to vest4879.20$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 EndedYear Ended
December 31, 2025December 31, 2024December 31, 2023
 OptionsRSUs
Total(3)
OptionsRSUs
Total(3)
OptionsRSUsTotal
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.