v3.26.1
Mezzanine and Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Total Number of Shares Outstanding and Authority to Issue
The following table presents the number of shares of Common Stock and Preferred Stock authorized and outstanding as of the dates indicated.
Shares Outstanding
Class of StockAuthorizedPar ValueJune 30,
2026
December 31,
2025
(In thousands, except par value)
Common stock750,000 $0.0001244,671 148,055 
Preferred stock
12% Series A Cumulative Convertible Preferred Stock (1)
15,000 $0.00011,224 1,224 
Undesignated preferred stock
35,000 $0.0001— — 
Total preferred stock50,000 $0.00011,224 1,224 
Total authorized800,000 
(1)The liquidation value was $10.3 million and $8.9 million on June 30, 2026 and December 31, 2025, respectively.