Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE INFORMATION (Tables)

v3.26.3
EARNINGS (LOSS) PER SHARE INFORMATION (Tables)
9 Months Ended
Sep. 30, 2026
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, 2026 and 2025. For all dilutive securities, the treasury stock method of calculating the incremental shares was applied.
For the Three Months Ended
For the Nine Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Net Income (Loss) $ (16,600,229) $ (51,631,530) $ (172,398,401) $ (21,885,905)
Basic Weighted-Average Shares Outstanding 260,533,239  206,688,003  234,543,417  204,223,621 
Effect of dilutive securities:
Stock options —  —  —  — 
Restricted stock units —  —  —  — 
Performance stock units —  —  —  — 
Common warrants —  —  —  — 
Diluted Weighted-Average Shares Outstanding 260,533,239  206,688,003  234,543,417  204,223,621 
Basic Earnings (Loss) per Share $ (0.06) $ (0.25) $ (0.74) $ (0.11)
Diluted Earnings (Loss) per Share $ (0.06) $ (0.25) $ (0.74) $ (0.11)
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, 2026 and 2025, as their effect would have been anti-dilutive.
For the Three Months Ended
For the Nine Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Anti-dilutive securities:
Stock options to purchase common stock 36,000  64,848 42,703 65,280
Unvested restricted stock units 8,088,166  5,328,767 7,535,054  5,262,174 
Unvested performance stock units 5,757,608  3,403,082 4,237,201 2,776,101