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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2026
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table presents the computation of basic and diluted net loss per share of Class A common stock for the three months ended March 31, 2026 and 2025 (in thousands, except share and per share data):
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
Numerator—basic |  |  |  |  |  |
Net loss |  | $ | (14,631 | ) |  | $ | (9,788 | )
Less: net loss attributable to redeemable noncontrolling interests |  |  | — |  |  |  | 3,846 |
Net loss attributable to Class A common stockholders—basic |  |  | (14,631 | ) |  |  | (5,942 | )
Denominator—basic |  |  |  |  |  |
Weighted average Class A common stock outstanding—basic |  |  | 10,815,704 |  |  |  | 6,645,011 |
Net loss per Class A common stock—basic |  | $ | (1.35 | ) |  | $ | (0.89 | )
Numerator—diluted |  |  |  |  |  |
Net loss attributable to Class A common stockholders—basic |  | $ | (14,631 | ) |  | $ | (5,942 | )
Weighted average effect of dilutive securities: |  |  |  |  |  |
Redeemable noncontrolling interests |  |  | — |  |  |  | (3,916 | )
Net loss attributable to Class A common stockholders—diluted |  |  | (14,631 | ) |  |  | (9,858 | )
Denominator—diluted |  |  |  |  |  |
Weighted average Class A common stock outstanding—basic |  |  | 10,815,704 |  |  |  | 6,645,011 |
Weighted average effect of dilutive securities: |  |  |  |  |  |
Redeemable noncontrolling interests |  |  | — |  |  |  | 3,811,250 |
Weighted average Class A common stock outstanding—diluted |  |  | 10,815,704 |  |  |  | 10,456,261 |
Net loss per Class A common stock—diluted |  | $ | (1.35 | ) |  | $ | (0.94 | )
Summary of Potentially Dilutive Securities | The following table presents the number of shares of common stock issuable under securities that were excluded from the computation of diluted net loss per share of Class A common stock for the three months ended March 31, 2026 and 2025 and could potentially dilute earnings per share in the future:
|  | Three Months Ended March 31, |
|  | 2026 |  |  | 2025 |
RSUs |  |  | 672,725 |  |  |  | 94,002 |
Stock Options |  |  | 388,181 |  |  |  | 375,603 |
Public Warrants |  |  | 338,342 |  |  |  | 338,342 |
Private Warrants |  |  | 325,989 |  |  |  | 325,989 |
Exercise Warrants |  |  | 1,700,000 |  |  |  | 1,700,000 |
Intermediate Warrants |  |  | — |  |  |  | 200,000 |
Amended Intermediate Warrants |  |  | 200,000 |  |  |  | — |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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