v3.26.1
Net (Loss) Income Per Share (“EPS”) (Tables)
6 Months Ended
Jun. 30, 2026
Net (loss) income per share:  
Schedule of Net Loss Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted net loss per share for the three months ended June 30, 2026:

   2026   2025 
   For the three months ended June 30, 
   2026   2025 
Numerator:        
Net (loss) income  $(75,047)  $2,530 
           
Net loss attributable to common stockholders - basic - Class A  $(25,830)  $- 
Net (loss) income attributable to common stockholders - basic - Class B  $(49,217)  $2,530 
           
Net (loss) income attributable to common stockholders - dilutive - Class A  $(75,047)  $2,530 
           
Denominator:          
Weighted average common shares outstanding - basic - Class A   15,499,251    - 
Weighted average common shares outstanding - basic - Class B   29,533,018    29,533,018 
           
Incremental Shares - PIU - Class A   -    12,550,730 
Incremental Shares - Class B conversion to Class A   29,533,018    29,533,018 
           
Weighted average common shares outstanding - dilutive - Class A   45,032,269    42,083,748 
           
Earnings (loss) per share          
Net loss per share - basic - Class A  $(1.67)   N/A  
Net (loss) income per share - basic - Class B  $(1.67)  $0.09 
           
Net (loss) income per share - dilutive - Class A  $(1.67)  $0.06 

 

 

The following table sets forth the computation of basic and diluted net loss per share for the six months ended June 30, 2026:

 

   2026   2025 
   For the six months ended June 30, 
   2026   2025 
Numerator:          
Net (loss) income  $(79,165)  $2,551 
           
Net loss attributable to common stockholders - basic - Class A  $(17,471)  $- 
Net (loss) income attributable to common stockholders - basic - Class B  $(61,694)  $2,551 
           
Net (loss) income attributable to common stockholders - dilutive - Class A  $(79,165)  $2,551 
           
Denominator:          
Weighted average common shares outstanding - basic - Class A   8,363,328    - 
Weighted average common shares outstanding - basic - Class B   29,533,018    29,533,018 
           
Incremental Shares - PIU - Class A   -    12,536,544 
Incremental Shares - Class B conversion to Class A   29,533,018    29,533,018 
           
Weighted average common shares outstanding - dilutive - Class A   37,896,346    42,069,562 
           
Earnings (loss) per share          
Net loss per share - basic - Class A  $(2.09)   N/A  
Net (loss) income per share - basic - Class B  $(2.09)  $0.09 
           
Net (loss) income per share - dilutive - Class A  $(2.09)  $0.06 
Schedule of Anti-dilutive securities

 

Anti-dilutive securities  June 30, 2026 
Warrants   7,358,535 
Contingent shares   11,304,750 
Total   18,663,285