Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE INFORMATION

v3.26.1
EARNINGS (LOSS) PER SHARE INFORMATION
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE INFORMATION
NOTE 4 — EARNINGS (LOSS) PER SHARE INFORMATION
The following table presents the calculation of the Company's basic and diluted earnings (loss) per share for the three months ended March 31, 2026 and 2025. For all dilutive securities, the treasury stock method of calculating the incremental shares was applied.
For the Three Months Ended
March 31, 2026 March 31, 2025
Net Income (Loss) $ (220,591,482) $ 9,110,738 
Basic Weighted-Average Shares Outstanding 208,558,546  199,314,182 
Effect of dilutive securities:
Stock options —  — 
Restricted stock units —  1,509,099 
Performance stock units —  219,236 
Common warrants —  30,077 
Diluted Weighted-Average Shares Outstanding 208,558,546  201,072,594 
Basic Earnings (Loss) per Share $ (1.06) $ 0.05 
Diluted Earnings (Loss) per Share $ (1.06) $ 0.05 
The following table presents the securities which were excluded from the Company's computation of diluted earnings (loss) per share for the three months ended March 31, 2026 and 2025, as their effect would have been anti-dilutive.
For the Three Months Ended
March 31, 2026 March 31, 2025
Anti-dilutive securities:
Stock options to purchase common stock 51,000 65,500
Unvested restricted stock units 6,319,541  76,600 
Unvested performance stock units 2,209,991 1,000,000