v3.26.1
Earnings Per Share - Schedule of Basic and Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Earnings per share:    
Net income available $ 1,287,761 $ 95,133
Adjustment for interest on convertible notes 924 1,839
Adjustment for change in fair value on embedded derivatives for convertible notes 0 (15,922)
Adjustment for change in fair value on SPA Warrant (267,230) (42,064)
Adjustment for change in fair value on April, May and December 2023 Warrants (179,218) (46,896)
Adjustment for remeasurement of Series B Preferred Stock 778,878 79,997
Net income applicable to common stock $ 63,359 $ (87,907)
Weighted-average basic common shares outstanding (in shares) 339,602,063 225,474,247
Dilutive effect of convertible notes (in shares) 11,074,195 13,385,305
Dilutive effect of Series B Preferred Stock (in shares) 116,311,460 110,850,111
Dilutive effect of warrants (in shares) 66,107,625 68,498,537
Weighted-average dilutive common shares outstanding (in shares) 544,828,933 436,368,282
Diluted (in dollars per share) $ 0.12 $ (0.20)
Effect of potentially dilutive shares:    
Net income available $ 1,287,761 $ 95,133
Adjustment for interest on convertible notes 924 1,839
Adjustment for change in fair value on embedded derivatives for convertible notes 0 (15,922)
Adjustment for change in fair value on SPA Warrant (267,230) (42,064)
Adjustment for change in fair value on April, May and December 2023 Warrants (179,218) (46,896)
Adjustment for remeasurement of Series B Preferred Stock 778,878 79,997
Net income applicable to common stock $ 63,359 $ (87,907)
Weighted-average basic common shares outstanding (in shares) 339,602,063 225,474,247
Dilutive effect of convertible notes (in shares) 11,074,195 13,385,305
Dilutive effect of Series B Preferred Stock (in shares) 116,311,460 110,850,111
Dilutive effect of warrants (in shares) 66,107,625 68,498,537
Weighted-average dilutive common shares outstanding (in shares) 544,828,933 436,368,282
Earnings per share:    
Diluted (in dollars per share) $ 0.12 $ (0.20)
Restricted stock units    
Earnings per share:    
Dilutive effect of RSUs, PRSUs and stock options (in shares) 7,981,966 8,621,012
Effect of potentially dilutive shares:    
Dilutive effect of RSUs, PRSUs and stock options (in shares) 7,981,966 8,621,012
Performance-based restricted stock units    
Earnings per share:    
Dilutive effect of RSUs, PRSUs and stock options (in shares) 2,175,288 8,017,961
Effect of potentially dilutive shares:    
Dilutive effect of RSUs, PRSUs and stock options (in shares) 2,175,288 8,017,961
Stock Options    
Earnings per share:    
Dilutive effect of RSUs, PRSUs and stock options (in shares) 1,576,336 1,521,109
Effect of potentially dilutive shares:    
Dilutive effect of RSUs, PRSUs and stock options (in shares) 1,576,336 1,521,109