v3.26.1
BASIC AND DILUTED NET INCOME / (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following table sets forth the computation of basic and diluted net income / (loss) per share:
For the Three Months Ended
March 31,
20262025
Basic earnings per share of common stock:
Numerator:
Net Income / (Loss)$(66,744,989)$(3,033,047)
Preferred stock dividend(94,815)(222,678)
Net income / (loss) for the period - basic$(66,839,804)$(3,255,725)
Denominator:
Weighted Average Common Shares Outstanding, Basic and Diluted496,228 24,056 
Net Income / (Loss) Per Share, Basic and Diluted$(134.70)$(135.34)
Diluted earnings per share of common stock:
Numerator:
Net Income / (Loss) for the period - basic$(66,839,804)$(3,255,725)
Net Income / (Loss) for the period - diluted$(66,839,804)$(3,255,725)
Denominator:
Weighted average number of shares of common stock - diluted(1)
496,228 24,056 
Net Income / (Loss) per share of common stock - diluted$(134.70)$(135.34)
____________
(1)Includes 622,250 and 9,069 prepaid warrants, as of March 31, 2026 and 2025, respectively
The following number of shares of common stock from the potential exercise or conversion of outstanding
potentially dilutive securities were excluded from the computation of diluted net income / (loss) per share attributable to common stockholders for the periods presented because including them would have been antidilutive:
For the Three Months Ended
March 31,
20262025
ISOs
Equity-classified Warrants995,085 992,766 
Legacy Warrants6,667 8,285 
Preferred Stock (Series A)
858,595 1,663,281 
Preferred Stock (Series B)
— 3,929,289 
RSU Awards34,957 592 
Total1,895,307 6,594,218