Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) per Common Share (Tables)

v3.26.3
Net Income (Loss) per Common Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share
The table below presents a reconciliation of the basic and diluted net income (loss) per share that were computed for the following periods:
Three Months Ended Nine Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Numerator:
Net income (loss)
$ (23,178) $ (41,152) $ (140,651) $ (141,079)
Less: dividends on Convertible Preferred Stock —  1,674  2,016  34,853 
Net income (loss) available to common shareholders
$ (23,178) $ (42,826) $ (142,667) $ (175,932)
Denominator:
Weighted-average common shares outstanding:
Basic and diluted
250,050,615  145,744,055  221,603,034  102,482,997 
Net income (loss) per common share:
Basic and diluted $ (0.09) $ (0.29) $ (0.64) $ (1.72)