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Net Income (Loss) Per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

Note 18.  Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. Diluted net loss per share is computed by dividing net loss, as adjusted for changes in fair value recognized in earnings from equity contracts classified as liabilities, by the weighted average number of common shares outstanding and, when dilutive, common share equivalents from outstanding stock options and restricted stock units (using the treasury-stock method). The weighted-average number of common shares used in the computation of basic and diluted net income per share were as follows:

Years Ended December 31, 

(in thousands, except share and per share amounts)

2025

2024

Numerator:

  ​

  ​

Net loss attributable to common stockholders - basic and diluted

$

(73,040)

$

(100,185)

Denominator:

Weighted average shares of common stock outstanding - basic and diluted

330,917,166

321,824,143

Net loss per share attributable to common stockholders - basic and diluted

$

(0.22)

$

(0.31)

 

 

The number of common stock equivalents excluded from the computation of diluted net loss per share because either the effect would have been anti-dilutive, or the performance criteria related to such shares and awards had not been met, were as follows:

Years Ended December 31, 

2025

2024

Escrowed Earn-Out Shares

27,690,978

27,690,978

Options to purchase common stock

5,431,725

6,063,110

Public Warrants

9,199,947

9,199,947

Sponsor Earn-Out Shares

5,520,000

5,520,000

Private Warrants

5,013,333

5,013,333

Unvested RSUs

13,883,881

13,282,923

Unvested PSUs

5,963,154

5,973,050

Earn-Out Restricted Shares

742,280

765,990

Unvested RSAs

255,458

Total

73,445,298

73,764,789