v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY (DEFICIT) - USD ($)
$ in Thousands
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Earnings (Deficit)
Total
Balance at Dec. 31, 2023 $ 1,547,164 $ (2,501) $ (5,490,361) $ (3,945,698)
Increase (Decrease) in Stockholder's Equity        
Non-cash, stock-based compensation 1,987     1,987
Other comprehensive income (loss)   16   16
Intercompany Loan - 2026 Tranche     (4,718,517) (4,718,517)
Net income (loss)     385,541 385,541
Balance at Mar. 31, 2024 1,549,151 (2,485) (9,823,337) (8,276,671)
Balance at Dec. 31, 2023 1,547,164 (2,501) (5,490,361) (3,945,698)
Increase (Decrease) in Stockholder's Equity        
Other comprehensive income (loss)       (7)
Net income (loss)       716,465
Balance at Jun. 30, 2024 1,553,177 (2,508) (9,492,413) (7,941,744)
Balance at Mar. 31, 2024 1,549,151 (2,485) (9,823,337) (8,276,671)
Increase (Decrease) in Stockholder's Equity        
Non-cash, stock-based compensation 4,026     4,026
Other comprehensive income (loss)   (23)   (23)
Net income (loss)     330,924 330,924
Balance at Jun. 30, 2024 1,553,177 (2,508) (9,492,413) (7,941,744)
Balance at Dec. 31, 2024 1,558,325 (3,047) (8,761,298) (7,206,020)
Increase (Decrease) in Stockholder's Equity        
Non-cash, stock-based compensation 1,426     1,426
Other comprehensive income (loss)   (1)   (1)
Net income (loss)     350,538 350,538
Balance at Mar. 31, 2025 1,559,751 (3,048) (8,410,760) (6,854,057)
Balance at Dec. 31, 2024 1,558,325 (3,047) (8,761,298) (7,206,020)
Increase (Decrease) in Stockholder's Equity        
Other comprehensive income (loss)       (67)
Net income (loss)       664,584
Balance at Jun. 30, 2025 1,562,039 (3,114) (8,096,714) (6,537,789)
Balance at Mar. 31, 2025 1,559,751 (3,048) (8,410,760) (6,854,057)
Increase (Decrease) in Stockholder's Equity        
Non-cash, stock-based compensation 2,288     2,288
Other comprehensive income (loss)   (66)   (66)
Net income (loss)     314,046 314,046
Balance at Jun. 30, 2025 $ 1,562,039 $ (3,114) $ (8,096,714) $ (6,537,789)