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NET INCOME (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE
The following table presents the calculation of basic and diluted net income (loss) per share attributable to common stockholders for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Numerator:
Net income (loss)$(42,817)$(74,724)$(67,845)$55,208 
Earnings attributable to participating Class A Common Shares held in escrow in connection with Amelia acquisition— — — (297)
Net income (loss) attributable to common shareholders - basic$(42,817)$(74,724)$(67,845)$54,911 
Net income (loss)(42,817)(74,724)(67,845)55,208 
Effect of potentially dilutive equivalent shares to net income (loss)(2,365)(602)(24,869)(1,503)
Net income (loss) attributable to common shareholders - diluted$(45,182)$(75,326)$(92,714)$53,705 
Denominator:
Weighted average shares outstanding – basic430,521,776400,124,499426,022,299397,026,119
Effect of potentially dilutive equivalent shares8,126,6741,918,969 8,218,01617,119,758 
Weighted average shares outstanding – diluted438,648,450402,043,468434,240,315414,145,877
Basic net income (loss) per share$(0.10)$(0.19)$(0.16)$0.14 
Diluted net income (loss) per share$(0.10)$(0.19)$(0.21)$0.13 
The following table summarizes the outstanding shares of potentially dilutive securities that were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive for the three and six months ended June 30, 2026 and 2025:
As of June 30,
20262025
Stock-based awards11,514,34012,477,419
Unvested restricted stock awards42,940280,953
Contingently issuable shares1,545,13810,385
Total13,102,41812,768,757

The table above does not include: (i) 1,491,407 and 1,871,293 shares of unvested stock-based awards and restricted stock awards, respectively, and (ii) 6,085,802 and 17,992,461 shares of contingently issuable earnout shares, respectively; outstanding as of June 30, 2026 and 2025, as these awards are subject to performance conditions that were not met as of those dates.

The shares issued and held in escrow for the Amelia Acquisition are participating securities that contractually entitle the holders of such shares to participate in the combined entity’s earnings but do not contractually require the holders of such
shares to participate in the combined entity’s losses. The weighted average shares outstanding used to calculate basic and diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2026 excludes the 1,775,699 shares and 230,561 shares, respectively, of the Company's Class A Common Stock held in escrow as they are considered contingently returnable shares until the indemnifications subject to escrow have been resolved. The weighted average shares outstanding used to calculate basic and diluted net income per share attributable to common stockholders for the three and six months ended June 30, 2025 excludes the 2,149,530 shares and 230,561 shares, respectively, of the Company's Class A Common Stock held in escrow as they are considered contingently returnable shares until the indemnifications subject to escrow have been resolved.