v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Shares
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Balance at the beginning (in shares) at Dec. 31, 2024   516,159      
Balance at the beginning at Dec. 31, 2024 $ 1,200,424 $ 5,162 $ 2,514,739 $ (1,082,470) $ (237,007)
Increase (Decrease) in Shareholders' Equity          
Equity-based compensation 8,362   8,362    
Restricted stock units (in shares)   6,009      
Restricted stock units 0 $ 60 (60)    
Net (loss) income (110,606)     (110,606)  
Balance at the end (in shares) at Mar. 31, 2025   522,168      
Balance at the end at Mar. 31, 2025 1,098,180 $ 5,222 2,523,041 (1,193,076) (237,007)
Balance at the beginning (in shares) at Dec. 31, 2024   516,159      
Balance at the beginning at Dec. 31, 2024 1,200,424 $ 5,162 2,514,739 (1,082,470) (237,007)
Increase (Decrease) in Shareholders' Equity          
Net (loss) income (198,346)        
Balance at the end (in shares) at Jun. 30, 2025   522,483      
Balance at the end at Jun. 30, 2025 1,017,784 $ 5,225 2,530,382 (1,280,816) (237,007)
Balance at the beginning (in shares) at Mar. 31, 2025   522,168      
Balance at the beginning at Mar. 31, 2025 1,098,180 $ 5,222 2,523,041 (1,193,076) (237,007)
Increase (Decrease) in Shareholders' Equity          
Equity-based compensation 7,345   7,345    
Restricted stock units (in shares)   315      
Restricted stock units 0 $ 3 (3)    
Tax withholdings and cash settlements on restricted stock units (1)   (1)    
Net (loss) income (87,740)     (87,740)  
Balance at the end (in shares) at Jun. 30, 2025   522,483      
Balance at the end at Jun. 30, 2025 1,017,784 $ 5,225 2,530,382 (1,280,816) (237,007)
Balance at the beginning (in shares) at Dec. 31, 2025   522,590      
Balance at the beginning at Dec. 31, 2025 528,590 $ 5,226 2,542,627 (1,782,256) (237,007)
Increase (Decrease) in Shareholders' Equity          
Equity-based compensation 5,950   5,950    
Restricted stock units (in shares)   2,698      
Restricted stock units 0 $ 27 (27)    
Public offering of common stock (in shares)   112,125      
Public offering of common stock 206,143 $ 1,121 205,022    
Net (loss) income (225,574)     (225,574)  
Balance at the end (in shares) at Mar. 31, 2026   637,413      
Balance at the end at Mar. 31, 2026 515,109 $ 6,374 2,753,572 (2,007,830) (237,007)
Balance at the beginning (in shares) at Dec. 31, 2025   522,590      
Balance at the beginning at Dec. 31, 2025 528,590 $ 5,226 2,542,627 (1,782,256) (237,007)
Increase (Decrease) in Shareholders' Equity          
Net (loss) income (40,799)        
Balance at the end (in shares) at Jun. 30, 2026   638,127      
Balance at the end at Jun. 30, 2026 704,897 $ 6,381 2,758,578 (1,823,055) (237,007)
Balance at the beginning (in shares) at Mar. 31, 2026   637,413      
Balance at the beginning at Mar. 31, 2026 515,109 $ 6,374 2,753,572 (2,007,830) (237,007)
Increase (Decrease) in Shareholders' Equity          
Equity-based compensation 5,018   5,018    
Restricted stock units (in shares)   714      
Restricted stock units 0 $ 7 (7)    
Tax withholdings and cash settlements on restricted stock units (5)   (5)    
Net (loss) income 184,775     184,775  
Balance at the end (in shares) at Jun. 30, 2026   638,127      
Balance at the end at Jun. 30, 2026 $ 704,897 $ 6,381 $ 2,758,578 $ (1,823,055) $ (237,007)