v3.26.1
Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities consisted of the following as of:
(in thousands)June 30, 2026December 31, 2025
Accounts payable$54,546 $25,239 
Accrued operations expenditures55,237 23,929 
Accrued general and administrative, and other88,878 50,185 
Revenue payable8,018 — 
Total accounts payable and accrued liabilities$206,679 $99,353 
Schedule of Basic and Diluted Loss Per Share
The following table reflects the calculation of basic and diluted net loss per share of Common Stock.
Three Months Ended June 30,
Six Months Ended June 30,
(dollars in thousands, except per share amounts)
2026202520262025
Net loss$(64,216)$(128,066)$(261,242)$(237,610)
Weighted average shares outstanding—Basic and diluted
153,470,12591,224,345148,597,56787,849,286
Net loss per share—Basic and diluted
$(0.42)$(1.40)$(1.76)$(2.70)