v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid in Capital [Member]
Accumulated Other Comprehensive Losses [Member]
Retained Earnings (Accumulated Losses) [Member]
Balance, beginning of period at Dec. 31, 2024 $ 1,072,885 $ 1,677 $ 0 $ 1,094,560 $ (137,560) $ 114,208
Balance, beginning of period, shares at Dec. 31, 2024   167,645,373 1      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (96,198) $ 0 $ 0 0 0 (96,198)
Other comprehensive income (loss) 2,826 0 0 0 2,826 0
Total comprehensive income (loss) (93,372) 0 0 0 2,826 (96,198)
Share-based compensation for equity classified awards (1,188) 0 0 (1,188) 0 0
Dividends (8,382) 0 0 0 0 (8,382)
Balance, end of period at Mar. 31, 2025 969,943 $ 1,677 $ 0 1,093,372 (134,734) 9,628
Balance, end of period, shares at Mar. 31, 2025   167,645,373 1      
Balance, beginning of period at Dec. 31, 2024 1,072,885 $ 1,677 $ 0 1,094,560 (137,560) 114,208
Balance, beginning of period, shares at Dec. 31, 2024   167,645,373 1      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (172,401)          
Other comprehensive income (loss) 9,834          
Balance, end of period at Jun. 30, 2025 901,751 $ 1,677 $ 0 1,094,375 (127,726) (66,575)
Balance, end of period, shares at Jun. 30, 2025   167,645,373 1      
Balance, beginning of period at Mar. 31, 2025 969,943 $ 1,677 $ 0 1,093,372 (134,734) 9,628
Balance, beginning of period, shares at Mar. 31, 2025   167,645,373 1      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (76,203) $ 0 $ 0 0 0 (76,203)
Other comprehensive income (loss) 7,008 0 0 0 7,008 0
Total comprehensive income (loss) (69,195) 0 0 0 7,008 (76,203)
Share-based compensation for equity classified awards 1,003 0 0 1,003 0 0
Balance, end of period at Jun. 30, 2025 901,751 $ 1,677 $ 0 1,094,375 (127,726) (66,575)
Balance, end of period, shares at Jun. 30, 2025   167,645,373 1      
Balance, beginning of period at Dec. 31, 2025 649,746 $ 1,677 $ 0 1,094,743 (120,444) (326,230)
Balance, beginning of period, shares at Dec. 31, 2025   167,645,373 1      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (318,590) $ 0 $ 0 0 0 (318,590)
Other comprehensive income (loss) (628) 0 0 0 (628) 0
Total comprehensive income (loss) (319,218) 0 0 0 (628) (318,590)
Share-based compensation for equity classified awards (4,673) 0 0 (4,673) 0 0
Balance, end of period at Mar. 31, 2026 325,855 $ 1,677 $ 0 1,090,070 (121,072) (644,820)
Balance, end of period, shares at Mar. 31, 2026   167,645,373 1      
Balance, beginning of period at Dec. 31, 2025 649,746 $ 1,677 $ 0 1,094,743 (120,444) (326,230)
Balance, beginning of period, shares at Dec. 31, 2025   167,645,373 1      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (418,019)          
Other comprehensive income (loss) 86       86  
Balance, end of period at Jun. 30, 2026 227,962 $ 1,677 $ 0 1,090,892 (120,358) (744,249)
Balance, end of period, shares at Jun. 30, 2026   167,645,373 1      
Balance, beginning of period at Mar. 31, 2026 325,855 $ 1,677 $ 0 1,090,070 (121,072) (644,820)
Balance, beginning of period, shares at Mar. 31, 2026   167,645,373 1      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (99,429) $ 0 $ 0 0 0 (99,429)
Other comprehensive income (loss) 714 0 0 0 714 0
Total comprehensive income (loss) (98,715) 0 0 0 714 (99,429)
Share-based compensation for equity classified awards 822 0 0 822 0 0
Balance, end of period at Jun. 30, 2026 $ 227,962 $ 1,677 $ 0 $ 1,090,892 $ (120,358) $ (744,249)
Balance, end of period, shares at Jun. 30, 2026   167,645,373 1