v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Net Income Per Share of Common Stock Presented in the Condensed Consolidated Statements of Operations

The net income per share of common stock presented in the condensed consolidated statements of operations is based on the following for the three and six months ended June 30, 2025 and 2024:

 

Three Months Ended June 30,

 

2025

 

 

2024

 

Class A
Common Stock

 

 

Class B
Common Stock

 

 

Class A
Common Stock

 

 

Class B
Common Stock

 

Basic net income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income

$

2,513,213

 

 

$

 

 

$

12,253,141

 

 

$

1,176,754

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

59,247,717

 

 

 

 

 

 

49,560,529

 

 

 

4,759,642

 

Basic net income per share of common stock

$

0.04

 

 

$

 

 

$

0.25

 

 

$

0.25

 

Diluted net income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income

$

2,513,213

 

 

$

 

 

$

12,290,847

 

 

$

1,139,048

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

60,179,241

 

 

 

 

 

 

51,358,716

 

 

 

4,759,642

 

Diluted net income per share of common stock

$

0.04

 

 

$

 

 

$

0.24

 

 

$

0.24

 

 

 

Six Months Ended June 30,

 

 

2025

 

 

2024

 

 

Class A
Common Stock

 

 

Class B
Common Stock

 

 

Class A
Common Stock

 

 

Class B
Common Stock

 

Basic net income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income

$

17,391,871

 

 

$

 

 

$

175,697,852

 

 

$

19,287,335

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

57,656,530

 

 

 

 

 

 

43,357,928

 

 

 

4,759,642

 

Basic net income per share of common stock

$

0.30

 

 

$

 

 

$

4.05

 

 

$

4.05

 

Diluted net income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income

$

17,391,871

 

 

$

 

 

$

176,332,549

 

 

$

18,652,638

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

58,727,169

 

 

 

 

 

 

44,995,234

 

 

 

4,759,642

 

Diluted net income per share of common stock

$

0.30

 

 

$

 

 

$

3.92

 

 

$

3.92