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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue [1] $ 1,355,630 $ 1,318,014 $ 653,604
Cost of revenue 675,423 684,875 382,735
Gross profit 680,207 633,139 270,869
Selling, general and administrative expense [2] 524,479 366,773 428,670
Income (loss) from operations 155,728 266,366 (157,801)
Other income (expense):      
Interest income on note receivable 0 128 237
Interest income, net 39,263 26,501 5,292
Foreign exchange loss (1,734) (1,246) (392)
Other income 1,793 0 0
Total other income 39,322 25,383 5,137
Net income (loss) before provision for income taxes 195,050 291,749 (152,664)
Provision for income taxes (49,976) (64,948) (34,618)
Net income (loss) 145,074 226,801 (187,282)
Dividends on Series A convertible preferred stock [3] (27,500) (27,462) (11,526)
Income allocated to participating preferred stock [3] (10,117) (17,348) 0
Net income (loss) attributable to common stockholders 107,457 181,991 (198,808)
Other comprehensive (loss) income:      
Foreign currency translation (loss) gain, net of income tax (2,549) 1,180 (2,495)
Comprehensive income (loss) $ 104,908 $ 183,171 $ (201,303)
Earnings per share :      
Basic (in USD per share) [4] $ 0.46 $ 0.79 $ (0.88)
Diluted (in USD per share) [4] $ 0.45 $ 0.77 $ (0.88)
Weighted average shares outstanding      
Basic (in shares) [4] 233,667 230,784 226,947
Dilutive (in shares) [4] 237,404 236,964 226,947
[1] Includes $742.0 million, $782.3 million and $142.3 million for the years ended December 31, 2024, 2023 and 2022, respectively, from a related party
[2] Includes $2.4 million for each of the years ended December 31, 2024 and 2023 with no balance for 2022 from a related party.
[3] Amounts in this line item are associated with a related party for all periods presented.
[4] Forward Stock Split - The accompanying consolidated financial statements and notes thereto have been retrospectively adjusted to reflect the three-for-one stock split that became effective on November 13, 2023. See Note 2. Basis of Presentation and Summary of Significant Accounting Policies for more information.