| Schedule of Changes in the Number of Incentive Units |
The following table summarizes the changes in the number of Incentive Units for the years ended December 31, 2025, 2024 and 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
Incentive
Units |
|
Weighted
Average
Grant Date
Fair Value |
Granted and outstanding at January 1, 2023 |
14,210 |
|
|
$ |
192.52 |
|
| Granted |
— |
|
|
— |
|
| Forfeited |
(5,625) |
|
|
215.31 |
|
Granted and outstanding at December 31, 2023 |
8,585 |
|
|
$ |
213.81 |
|
| Granted |
— |
|
|
— |
|
| Forfeited |
(113) |
|
|
215.31 |
|
Granted and outstanding at December 31, 2024 |
8,472 |
|
|
$ |
213.79 |
|
| Granted |
— |
|
|
— |
|
| Forfeited |
— |
|
|
— |
|
Granted and outstanding at December 31, 2025 |
8,472 |
|
|
$ |
213.79 |
|
Vested at December 31, 2025 |
8,418 |
|
|
$ |
213.78 |
|
The following table summarizes information about stock options activities for the years ended December 31, 2025, 2024 and 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock Options |
|
Weighted
Average
Exercise Price |
Granted and outstanding at January 1, 2023 |
792,370 |
|
|
$ |
9.77 |
|
| Granted |
3,813,166 |
|
|
4.66 |
|
| Forfeited |
(1,192,196) |
|
|
6.43 |
|
Outstanding at December 31, 2023 |
3,413,340 |
|
|
$ |
5.19 |
|
| Granted |
2,680,584 |
|
|
3.94 |
|
| Forfeited |
(666,967) |
|
|
6.53 |
|
| Exercised |
(2,546) |
|
|
5.05 |
|
Outstanding at December 31, 2024 |
5,424,411 |
|
|
$ |
4.41 |
|
| Granted |
6,112,707 |
|
|
1.84 |
|
| Forfeited |
(2,852,731) |
|
|
3.74 |
|
| Exercised |
— |
|
|
— |
|
Outstanding at December 31, 2025 |
8,684,387 |
|
|
$ |
2.82 |
|
Vested and exercisable at December 31, 2025 |
1,643,474 |
|
|
$ |
4.42 |
|
The following table summarizes information about the RSUs under the Omnibus Plan for the years ended December 31, 2025, 2024 and 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
Restricted Stock Units |
|
Weighted
Average
Grant Date
Fair Value |
Granted and outstanding at January 1, 2023 |
823,829 |
|
|
$ |
10.68 |
|
| Granted |
2,008,519 |
|
|
4.90 |
|
| Forfeited |
(685,484) |
|
|
6.49 |
|
| Vested |
(461,909) |
|
|
9.70 |
|
Nonvested at December 31, 2023 |
1,684,955 |
|
|
$ |
5.77 |
|
| Granted |
1,726,212 |
|
|
4.02 |
|
| Forfeited |
(476,399) |
|
|
5.16 |
|
| Vested |
(701,816) |
|
|
5.87 |
|
Nonvested at December 31, 2024 |
2,232,952 |
|
|
$ |
4.51 |
|
| Granted |
4,884,485 |
|
|
1.87 |
|
| Forfeited |
(1,204,272) |
|
|
2.92 |
|
| Vested |
(1,283,401) |
|
|
4.20 |
|
Nonvested at December 31, 2025 |
4,629,764 |
|
|
$ |
2.23 |
|
|