v3.25.2
Unaudited Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Net Parent Deficit [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings (Deficit) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Beginning balance at Dec. 31, 2023 $ (54,335) $ (76,580)       $ 22,245
Net loss (19,509) (19,509)        
Net transfers to Parent (3,098) (3,098)        
Other comprehensive income 2,551         2,551
Ending balance at Mar. 31, 2024 (74,391) (99,187)       24,796
Beginning balance at Dec. 31, 2023 (54,335) (76,580)       22,245
Net loss (59,712)          
Ending balance at Jun. 30, 2024 (92,474) (116,601)       24,127
Beginning balance at Mar. 31, 2024 (74,391) (99,187)       24,796
Net loss (40,203) (40,203)        
Net transfers to Parent 22,789 22,789        
Other comprehensive income (669)         (669)
Ending balance at Jun. 30, 2024 (92,474) $ (116,601)       24,127
Beginning balance at Dec. 31, 2024 1,571,854   $ 71 $ 1,626,785 $ (75,937) 20,935
Beginning balance, shares at Dec. 31, 2024     71,460,169      
Net loss (523,388)       (523,388)  
Other comprehensive income 3,990         3,990
Issuance of shares of common stock from RSU awards, shares     25,012      
Stock-based compensation 3,959     3,959    
Ending balance at Mar. 31, 2025 1,056,415   $ 71 1,630,744 (599,325) 24,925
Ending balance, shares at Mar. 31, 2025     71,485,181      
Beginning balance at Dec. 31, 2024 1,571,854   $ 71 1,626,785 (75,937) 20,935
Beginning balance, shares at Dec. 31, 2024     71,460,169      
Net loss (922,050)          
Ending balance at Jun. 30, 2025 668,681   $ 71 1,634,904 (997,987) 31,693
Ending balance, shares at Jun. 30, 2025     71,489,000      
Beginning balance at Mar. 31, 2025 1,056,415   $ 71 1,630,744 (599,325) 24,925
Beginning balance, shares at Mar. 31, 2025     71,485,181      
Net loss (398,662)       (398,662)  
Other comprehensive income 6,768         6,768
Other share issuances, shares     100      
Issuance of shares of common stock from RSU awards, shares     3,719      
Stock-based compensation 4,160     4,160    
Ending balance at Jun. 30, 2025 $ 668,681   $ 71 $ 1,634,904 $ (997,987) $ 31,693
Ending balance, shares at Jun. 30, 2025     71,489,000