v3.26.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]    
Schedule of Segment Reporting Information, by Segment
Segment information for the three and six months ended June 30, 2026 consisted of the following:
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
DomesticInternationalDomesticInternational
Service revenue, net$113,815,710 $205,991,065 $218,454,562 $351,239,106 
Cost of revenue103,840,287 192,163,225 197,362,481 327,101,871 
Gross profit9,975,423 13,827,840 21,092,081 24,137,235 
Selling, general and administrative
22,805,028 11,960,700 45,833,123 20,930,358 
Depreciation and amortization
1,224,245 3,209,561 2,452,747 6,313,153 
Loss from operations
(14,053,850)(1,342,421)(27,193,789)(3,106,276)
Loss on debt extinguishment
237,848 — 4,826 — 
Loss on settlement60,414,821 — 60,414,821 — 
Interest expense
3,081,291 1,195,452 5,608,689 2,222,724 
Other expenses, gains and losses48,180 7,377,903 10,301,916 9,661,030 
Net loss before provision for income taxes
(77,835,990)(9,915,776)(103,524,041)(14,990,030)
Income tax benefit/(expense)(24,052)1,407,100 (16,129)1,472,358 
Net loss
$(77,860,042)$(8,508,676)$(103,540,170)$(13,517,672)
The Company had one reportable segment as of June 30, 2025 and segment information for the three and six months ended June 30, 2025 consisted of the following:
Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Domestic
Service revenue, net$102,896,993 $205,705,800 
Cost of revenue:91,478,299 183,100,984 
Gross profit11,418,694 22,604,816 
Selling, general and administrative
18,870,535 38,270,014 
Depreciation and amortization
1,232,750 2,469,139 
Loss from operations
(8,684,591)(18,134,337)
Interest expense
2,023,960 3,308,782 
Net loss before provision for income taxes
(10,708,551)(21,443,119)
Income tax expense
(9,618)(19,235)
Net loss
$(10,718,169)$(21,462,354)