v3.25.4

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2025	Dec. 31, 2024
Preferred stock, par value (USD per share)	$ 0.0001	$ 0.0001
Preference shares, authorized (in shares)	100,000,000	100,000,000
Preference shares, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock – Class A
Common stock, par value (USD per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	47,500,000	47,500,000
Common stock, issued (in shares)	2,445,010	1,978,013
Common stock, outstanding (in shares)	2,445,010	1,978,013
Common stock – Class B
Common stock, par value (USD per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	15,000,000	15,000,000
Common stock, issued (in shares)	13,612,641	13,994,498
Common stock, outstanding (in shares)	13,612,641	13,994,498

Face amount or stated value per share of common stock.

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Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

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MARKETWISE, INC. 10-K