Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE INFORMATION (Tables)

v3.25.3
EARNINGS (LOSS) PER SHARE INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings (Loss) Per Share
The following table presents the calculation of the Company's basic and diluted earnings (loss) per share for the three and nine months ended September 30, 2025 and 2024. For all dilutive securities, the treasury stock method of calculating the incremental shares is applied.
For the Three Months Ended
For the Nine Months Ended
September 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024
Net Income (Loss) $ (51,631,530) $ 33,878,424  $ (21,885,905) $ 61,812,795 
Basic Weighted-Average Shares Outstanding 206,688,003  198,177,046  204,223,621  197,850,538 
Effect of dilutive securities:
Stock options —  —  —  — 
Restricted stock units —  1,905,628  —  1,628,164 
Performance stock units —  597,939  —  619,555 
Common warrants —  43,250  —  41,221 
Diluted Weighted-Average Shares Outstanding 206,688,003  200,723,863  204,223,621  200,139,478 
Basic Earnings (Loss) per Share $ (0.25) $ 0.17  $ (0.11) $ 0.31 
Diluted Earnings (Loss) per Share $ (0.25) $ 0.17  $ (0.11) $ 0.31 
Schedule of Securities Excluded from Computation of Earnings (Loss) Per Share
The following table presents the securities which were excluded from the Company's computation of diluted earnings (loss) per share for the three and nine months ended September 30, 2025 and 2024, as their effect would have been anti-dilutive.
For the Three Months Ended
For the Nine Months Ended
September 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024
Antidilutive securities:
Stock options to purchase common stock 64,848  65,500 65,280 66,850
Unvested restricted stock units 5,328,767  51,622 5,262,174  56,530 
Unvested performance stock units 3,403,082  516,450 2,776,101 1,198,361