Quarterly report [Sections 13 or 15(d)]

Net Loss (Income) Per Share of Class A Common Stock

v3.25.3
Net Loss (Income) Per Share of Class A Common Stock
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Loss (Income) Per Share of Class A Common Stock
13. Net Loss Per Share of Class A Common Stock
The following table includes the calculation of basic and diluted net loss per share:
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
(in thousands except per share information)
Net loss available to common stockholders - basic and diluted $ (15,340) $ (12,591) $ (69,392) $ (37,798)
Basic and diluted net loss per share $ (0.44) $ (0.66) $ (2.11) $ (2.05)
Shares used in the computation of basic and diluted net loss per share
 35,194  19,120  32,843  18,394 

The potentially dilutive securities listed below were not included in the calculation of diluted weighted average common shares outstanding, as their effect would have been anti-dilutive during the three and nine months ended September 30, 2025 and 2024.
Three and Nine Months Ended September 30,
2025 2024
(in thousands)
Convertible Notes 6,539  — 
Class A common stock warrants 221  221 
Stock options 1,853  880 
Restricted stock units 2,808  2,558 
Public Warrants (exercisable for Class A common stock) treated as liability 1,977  1,977 
Private Placement Warrants (exercisable for Class A common stock) treated as liability 2,480  3,091 
Sponsor Shares 296  296