v3.26.1
Net Income (Loss) Per Share - Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:            
Net income / (loss) $ 184,305 $ (14,679) $ (32,499) $ (19,229) $ 169,626 $ (51,728)
Denominator:            
Weighted-average number of common shares outstanding - basic (in shares) [1] 11,660,592   2,181,217   9,975,931 2,073,777
Weighted-average number of common shares outstanding - diluted (in shares) [1] 11,660,592   2,181,217   9,975,931 2,073,777
Net income / (loss) per common share - basic (in usd per share) $ 15.81   $ (14.90)   $ 17.00 $ (24.94)
Net income / (loss) per common share - diluted (in usd per share) $ 15.81   $ (14.90)   $ 17.00 $ (24.94)
[1] All common stock share and per share data for all periods prior to the quarterly period ending September 30, 2025 have been retroactively adjusted to reflect the 1-for-100 reverse stock split of the Company’s common stock and the decrease in the par value of the Company’s common stock from $0.0001 to $0.0000001 per share which became effective on August 18, 2025. See Note 2, “Summary of Significant Accounting Policies” for further information.