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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
Summary of Activity of Restricted Stock And Restricted Stock Units Granted By 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, 2024 |  |  | 49,698,329 |  |  | $ | 10.54 |
Granted |  |  | 7,074,690 |  |  |  | 12.36 |
Vested |  |  | (23,826,174 | ) |  |  | 10.14 |
Forfeited |  |  | (917,241 | ) |  |  | 9.83 |
Non-vested as of December 31, 2024 |  |  | 32,029,604 |  |  | $ | 11.26 |
Granted (1) |  |  | 8,006,222 |  |  |  | 16.47 |
Vested (2) |  |  | (19,438,496 | ) |  |  | 10.83 |
Forfeited (3) |  |  | (1,277,033 | ) |  |  | 12.79 |
Non-vested as of December 31, 2025 (4) |  |  | 19,320,297 |  |  | $ | 13.75 |
(1) During the year ended December 31, 2025, the Company granted 282,210 shares of restricted stock and 7,724,012 RSUs to its employees, advisors and non-employee directors. (2) During the year ended December 31, 2025, 16,903,886 shares of restricted stock and 2,534,610 RSUs vested. (3) During the year ended December 31, 2025, 553,226 shares of restricted stock and 723,807 RSUs were forfeited. (4) Includes 6,787,559 unvested shares of Class A restricted stock, 2,341,981 unvested shares of Class B restricted stock and 10,190,757 unvested RSUs, each as of December 31, 2025.
Summary of Transaction under Plans and 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, 2024 |  |  | 2,619,937 |  |  | $ | 8.49 |  |  |  | 4.97 |  |  | $ | 0.57 |
Granted |  |  | 1,832,802 |  |  |  | 10.81 |  |  |  |  |  |  |
Exercised |  |  | (429,989 | ) |  |  | 7.38 |  |  |  |  |  |  |
Forfeited |  |  | (208,735 | ) |  |  | 9.10 |  |  |  |  |  |  |
Outstanding options as of December 31, 2024 |  |  | 3,814,015 |  |  | $ | 9.70 |  |  |  | 8.35 |  |  | $ | 8.45 |
Granted |  |  | 12,805,814 |  |  |  | 13.98 |  |  |  |  |  |  |
Exercised |  |  | (406,852 | ) |  |  | 8.15 |  |  |  |  |  |  |
Forfeited |  |  | (579,231 | ) |  |  | 11.85 |  |  |  |  |  |  |
Outstanding options as of December 31, 2025 |  |  | 15,633,746 |  |  | $ | 13.17 |  |  |  | 9.18 |  |  | $ | 4.04 |
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, 2024 |  |  | 4,755,675 |  |  | $ | 15.34 |
Granted |  |  | 2,989,850 |  |  |  | 17.83 |
Performance Adjustment |  |  | 5,748,142 |  |  |  | 16.07 |
Vested |  |  | (3,539,683 | ) |  |  | 15.97 |
Forfeited |  |  | (40,810 | ) |  |  | 20.66 |
Outstanding PSUs as of December 31, 2024 |  |  | 9,913,174 |  |  | $ | 16.27 |
Granted |  |  | — |  |  |  | — |
Performance Adjustment |  |  | 2,694,032 |  |  |  | 17.83 |
Vested and Issued |  |  | (6,737,176 | ) |  |  | 17.10 |
Forfeited |  |  | (213,571 | ) |  |  | 16.20 |
Outstanding PSUs as of December 31, 2025 |  |  | 5,656,459 |  |  | $ | 16.02 |
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions |
|  | As of December 31, 2025 |
Dividend yield |  |  | 0.0 | %
Risk free interest rate |  |  | 3.8 | %
Volatility |  |  | 57.0 | %
Stock Options [Member] |
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
Share Based Compensation Stock Options Valuation Assumptions | The following assumptions were used by the Company for the options valuation:
|  | As of December 31, 2025
Dividend yield |  | 0.0%
Volatility |  | 55.0% - 60.1%
Expected Term (years) |  | 6.1 - 6.2
Risk free rate of interest |  | 3.9% - 4.2%

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