v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 54,115,485 $ 46,439,744 $ 105,773,976 $ 91,741,451
Gross profit 23,333,704 17,641,761 43,262,432 37,103,899
General and administrative expenses:        
Personnel costs 8,873,996 8,614,761 17,922,630 16,628,178
Advertising costs 3,928,215 5,941,417 9,290,213 10,359,871
Depreciation 525,142 734,590 1,091,961 1,471,465
Other corporate matters 0 68,437,098 0 78,104,701
Other 8,701,407 10,319,344 18,121,768 18,517,912
Total general and administrative expenses 22,028,760 94,047,210 46,426,572 125,082,127
Income (loss) from operations 1,304,944 (76,405,449) (3,164,140) (87,978,228)
Other income (expense), net:        
Interest and dividend income 1,310,328 1,802,054 2,654,140 2,856,340
Interest expense (1,664) (7,456) (4,614) (13,511)
Realized gain on marketable securities 327,476 0 327,476 0
Unrealized gain on marketable securities 271,965 (500,736) 1,250,876 1,084,844
Other, net (345,758) (54,342) (384,657) (8,342,898)
Total other income (expense), net 1,562,347 1,239,520 3,843,221 (4,415,225)
Net income (loss) before income taxes 2,867,291 (75,165,929) 679,081 (92,393,453)
Income tax expense 0 9,693 0 14,693
Net income (loss) 2,867,291 (75,175,622) 679,081 (92,408,146)
Other comprehensive income:        
Unrealized (loss) gain on available for sale debt investments, net of income tax (128,768) 446,778 (369,817) 929,169
Comprehensive income (loss) $ 2,738,523 $ (74,728,844) $ 309,264 $ (91,478,977)
Weighted average common stock outstanding        
Basic (in shares) 128,508,173 128,333,356 128,499,931 86,938,585
Diluted (in shares) 129,285,724 128,333,356 129,267,846 86,938,585
Net income (loss) per share attributable to common stockholders        
Basic (in USD per share) $ 0.02 $ (0.59) $ 0.01 $ (1.12)
Diluted (in USD per share) $ 0.02 $ (0.59) $ 0.01 $ (1.12)
Service revenue        
Revenues:        
Total revenues $ 53,052,444 $ 44,884,207 $ 103,199,226 $ 88,619,547
Cost of services and products sold 30,006,022 27,758,685 60,767,493 52,407,148
Product revenue        
Revenues:        
Total revenues 1,063,041 1,555,537 2,574,750 3,121,904
Cost of services and products sold $ 775,759 $ 1,039,298 $ 1,744,051 $ 2,230,404