For the three months ended

For the six months ended

June 30,
2025

June 30,
2024

June 30,
2025

June 30,
2024

Basic net income per share:

Numerator

Net income (in thousands)

$

1,382

$

3,906

$

4,006

$

9,952

Denominator

Weighted-average shares of common stock used to compute net earnings per share attributable to common stockholders, basic

4,095,009,545

4,094,619,271

4,095,009,545

4,094,619,271

Less: Non-recourse loan shares

–

(119,139,461

)

–

(119,139,461

)

Adjusted weighted-average shares of common stock used to compute net earnings per share attributable to common stockholders, basic

4,095,009,545

3,975,479,810

4,095,009,545

3,975,479,810

Net earnings per share attributable to common stockholders, basic

$

0.00034

$

0.00098

$

0.00098

$

0.00250

Diluted net income per share:

Numerator

Net income, basic (in thousands)

$

1,382

$

3,906

$

4,006

$

9,952

Add: Interest expense on convertible debt (in thousands)

60

120

$

120

Net income, diluted (in thousands)

$

1,442

$

3,966

$

4,126

$

10,072

Denominator

Adjusted weighted-average shares of common stock used to compute net earnings per share attributable to common stockholders, basic

4,095,009,545

3,975,479,810

4,095,009,545

3,975,479,810

Non-recourse loan issuance

–

114,224,600

–

115,821,347

Weighted-average effect of potentially dilutive securities: convertible debt

250,000,000

Unexercised warrants

–

121,407,776

–

122,402,310

Weighted-average shares of common stock used to compute net earnings per share attributable to common stockholders, diluted

4,345,009,545

4,461,112,185

4,345,009,545

4,463,703,467

Net earnings per share attributable to common stockholders, diluted

$

0.00033

$

0.00089

$

0.00095

$

0.00226