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Net Income Per Share
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The rights of the holders of the Company’s Class A common stock and Class B common stock are identical, except with respect to voting and conversion. As the liquidation and dividend rights are identical, basic and diluted net income per share are the same for Class A common stock and Class B common stock.
Basic and diluted net income per share is calculated as follows (in thousands, except share and per share amounts):
Year ended December 31,
202520242023
Numerator:
Net income$3,575 $68,742 $38,117 
Denominator:
Weighted average shares of common stock outstanding, basic28,366,77024,124,8338,948,537
Plus: dilutive effect of stock options1,564,6972,551,403727,076
Plus: dilutive effect of RSUs161,266184,695—
Plus: dilutive effect of redeemable convertible preferred stock——17,245,954
Plus: dilutive effect of ESPP7,846——
Weighted average common shares outstanding, diluted30,100,57926,860,93126,921,567
Net income per share, basic$0.13 $2.85 $4.26 
Net income per share, diluted$0.12 $2.56 $1.42 
The following potentially dilutive common shares, presented based on amounts outstanding, were excluded from the computation of diluted net income per share because their effect would have been antidilutive for the periods presented:
Year ended December 31,
202520242023
Stock options139,985 — 2,944,025 
RSUs1,613,391 317,120 — 
ESPP— 44,109 — 
Unvested shares of restricted stock purchase— 11,641 113,846 
Common stock warrant4,121,034 4,121,034 3,528,577 
Total shares excluded from diluted net income per share5,874,410 4,493,904 6,586,448