Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Significant Accounting Policies [Abstract]

Schedule of Basic and Diluted (Loss) Earnings Per Share

The following table sets forth the computation of basic and diluted (loss) earnings per share (in thousands, except per share data):

		Three Months Ended
		March 31,
Basic net (loss) income per common share:		2026				2025
Numerator:
Net (loss) income		$	(4,050	)		$	16,982
Net (loss) income		$	(4,050	)		$	16,982

Denominator:
Weighted average outstanding shares of common share – basic*			223,986				135,217
(Loss) earnings per common share - basic		$	(0.02	)		$	0.13

Diluted net (loss) income per common share:
Numerator:
Net (loss) income		$	(4,050	)		$	16,982
Net (loss) income		$	(4,050	)		$	16,982

Denominator:
Weighted average common shares outstanding - basic			223,986				135,217
Effect of dilutive securities			-				17,789
Weighted average common shares outstanding - diluted			223,986				153,006
(Loss) earnings per common share - diluted		$	(0.02	)		$	0.11

*

The total shares outstanding as of December 31, 2025 was 224,164,254, however the weighted average share calculation does not include 700,000 shares of unvested common stock.

Schedule of Computation of Diluted Net Loss Per Common Share, as Their Effect Would be Anti-Dilutive

The following is a summary of the weighted average common stock equivalents for the securities outstanding during the period that have been excluded from the computation of diluted net loss per common share, as their effect would be anti-dilutive (in thousands):

		Three Months Ended
		March 31,
		2026
Warrants			1,363
Options			4,336
Unvested restricted common stock			732
Total potentially dilutive shares			6,431

For the three months ended March 31, 2025, the following table sets forth the dilutive securities included in diluted earnings per share (in thousands):

		Three Months Ended
		March 31,
		2025
Warrants			3,523
Options			13,002
Unvested restricted common stock			1,264
Total potentially dilutive shares			17,789