Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

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Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Income (Losses) per Share
The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except unit/share and per unit/share amounts, unaudited):

Three Months Ended March 31,
2024 2023
Numerator:
Net income (loss) $ 1,855  $ (17,321)
Less: Net income (loss) attributable to non-controlling interests 1,307  (12,521)
Net income (loss) attributable to Class A Common Stock - basic and diluted $ 548  $ (4,800)
Denominator:
Weighted-average shares of Class A Common Stock outstanding - Basic 66,312,366  58,159,223 
Weighted-average effect of dilutive securities:
RSUs 283,453  — 
Employee Stock Purchase 1,807  — 
Weighted-average shares of Class A Common Stock outstanding - Diluted 66,597,626  58,159,223 
Net income (loss) per share attributable to Class A common stockholders, basic $ 0.01  $ (0.08)
Net income (loss) per share attributable to Class A common stockholders, diluted $ 0.01  $ (0.08)
Schedule of Antidilutive Securities
The Company excluded the following potentially dilutive securities, presented based on amounts outstanding at each period end, from the computation of diluted net income (loss) per share attributable to Class A common shareholders because including them would have had an antidilutive effect:

Three Months Ended March 31,
2024 2023
Stock options 5,557,636  896,202 
Common Units 145,079,865  153,156,442 
RSUs 287,420  923,521 
PSUs 8,462,412  8,462,412 
Incentive Units 8,585  14,210 
Employee Stock Purchase 76,476  95,309 
Total units excluded from computation of diluted net income (loss) per share 159,472,394  163,548,096