Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? (DEFICIT) EQUITY AND MEZZANINE EQUITY

v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY AND MEZZANINE EQUITY - USD ($)
$ in Thousands
Total
Cumulative adjustment due to adoption of new credit loss standard
Class A Common Stock
Class V Common Stock
Common Stock
Class A Common Stock
Common Stock
Class V Common Stock
Additional Paid in Capital
Accumulated Deficit
Accumulated Deficit
Cumulative adjustment due to adoption of new credit loss standard
Increase (Decrease) in Stockholders' Equity                  
Beginning balance $ 273,552       $ 4 $ 20 $ 312,946 $ (39,418)  
Beginning balance at Dec. 31, 2021 1,790,617                
Increase (Decrease) in Temporary Equity                  
Equity-based compensation 11,711                
Net loss (50,213)                
Ending balance at Mar. 31, 2022 1,752,115                
Beginning balance (in shares) at Dec. 31, 2021         41,579,000 196,554,000      
Increase (Decrease) in Stockholders' Equity                  
Vesting of Class V common stock awards (in shares)           549,000      
Vesting of Class V common stock awards 0                
Equity-based compensation 0                
Net loss (10,577)             (10,577)  
Ending balance at Mar. 31, 2022 262,975       $ 4 $ 20 312,946 (49,995)  
Ending balance (in shares) at Mar. 31, 2022         41,579,000 197,103,000      
Beginning balance at Dec. 31, 2021 1,790,617                
Ending balance at Dec. 31, 2022 $ 516,805 $ (124)              
Increase (Decrease) in Temporary Equity                  
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-13 [Member]                
Beginning balance (in shares) at Dec. 31, 2021         41,579,000 196,554,000      
Ending balance at Dec. 31, 2022 $ 5,854 (26)     $ 4 $ 20 315,375 (309,545) $ (26)
Ending balance (in shares) at Dec. 31, 2022     41,579,000 201,592,000 41,579,000 201,592,000      
Increase (Decrease) in Stockholders' Equity                  
Beginning balance 262,975       $ 4 $ 20 312,946 (49,995)  
Beginning balance at Mar. 31, 2022 1,752,115                
Increase (Decrease) in Temporary Equity                  
Equity-based compensation 3,716                
Net loss (748,756)                
Ending balance at Jun. 30, 2022 1,007,075                
Beginning balance (in shares) at Mar. 31, 2022         41,579,000 197,103,000      
Increase (Decrease) in Stockholders' Equity                  
Vesting of Class V common stock awards (in shares)           4,320,000      
Vesting of Class V common stock awards 0                
Equity-based compensation 0                
Net loss (154,350)             (154,350)  
Ending balance at Jun. 30, 2022 108,625       $ 4 $ 20 312,946 (204,345)  
Ending balance (in shares) at Jun. 30, 2022         41,579,000 201,423,000      
Increase (Decrease) in Stockholders' Equity                  
Beginning balance 108,625       $ 4 $ 20 312,946 (204,345)  
Beginning balance 5,854 (26)     $ 4 $ 20 315,375 (309,545) $ (26)
Beginning balance at Dec. 31, 2022 516,805 $ (124)              
Increase (Decrease) in Temporary Equity                  
Equity-based compensation 291                
Net loss (43,249)                
Ending balance at Mar. 31, 2023 473,723                
Beginning balance (in shares) at Dec. 31, 2022     41,579,000 201,592,000 41,579,000 201,592,000      
Increase (Decrease) in Stockholders' Equity                  
Vesting of Class V common stock awards (in shares)           275,000      
Vesting of Class V common stock awards 0                
Equity-based compensation 686           686    
Net loss (9,199)             (9,199)  
Ending balance at Mar. 31, 2023 (2,685)       $ 4 $ 20 316,061 (318,770)  
Ending balance (in shares) at Mar. 31, 2023         41,579,000 201,867,000      
Increase (Decrease) in Stockholders' Equity                  
Beginning balance (2,685)       $ 4 $ 20 316,061 (318,770)  
Equity-based compensation 291                
Fair value adjustment to redeemable non-controlling interest 330,617                
Remeasurement adjustment to redeemable non-controlling interest resulting from ownership changes (119,630)                
Net loss (17,766)                
Ending balance at Jun. 30, 2023 667,235                
Increase (Decrease) in Stockholders' Equity                  
Exchanges of redeemable non-controlling interests for Class A common stock (in shares)         3,362,000 (3,362,000)      
Exchanges of redeemable non-controlling interests for Class A common stock 0                
Equity-based compensation 740           740    
Fair value adjustment to redeemable non-controlling interest (330,617)           (330,617)    
Remeasurement adjustment to redeemable non-controlling interest resulting from ownership changes 119,630           119,630    
Private placement, net of offering costs (in shares)         69,157,000        
Private placement, net of offering costs 86,582       $ 7   86,575    
Net loss (9,816)             (9,816)  
Ending balance at Jun. 30, 2023 (136,166)       $ 11 $ 20 192,389 (328,586)  
Ending balance (in shares) at Jun. 30, 2023     114,098,000 198,505,000 114,098,000 198,505,000      
Increase (Decrease) in Stockholders' Equity                  
Beginning balance $ (136,166)       $ 11 $ 20 $ 192,389 $ (328,586)