v3.26.1
Basic and Diluted Earnings (Loss) per Common Share - Schedule of Basic and Diluted Earnings (Loss) Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Numerator:    
Net loss $ (265,906) $ (3,749)
Dividends on preferred stock (13,454) 0
Net loss attributable to common stockholders $ (279,360) $ (3,749)
Denominator:    
Basic weighted average shares of common stock outstanding (in shares) [1] 61,630,003 2,275,940
Diluted weighted average shares of common stock outstanding (in shares) [1] 61,630,003 2,275,940
Income (loss) per common share:    
Basic income (loss) per common share (in USD per share) [1] $ (4.53) $ (1.65)
Diluted income (loss) per common share (in USD per share) [1] $ (4.53) $ (1.65)
[1] Basic and diluted earnings per common share for Class A and Class B common stock are the same.