| Schedule of Reconciliation of Numerator and Denominator of the Diluted Loss Per Share |
The following is a reconciliation of the numerator and denominator of the diluted earnings (loss) per share computations for the periods indicated below: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Basic and diluted earnings (loss) per share: | | | | | | | | Net income (loss) available for common stockholders - basic | $ | 31,605 | | | $ | (3,283) | | | $ | (350,240) | | | $ | (88,039) | | Less: gain on change in fair value of Google warrant liability | (127,180) | | | — | | | — | | | — | | Net income (loss) available for common stockholders - diluted | $ | (95,575) | | | $ | (3,283) | | | $ | (350,240) | | | $ | (88,039) | | | | | | | | | | | Weighted average shares outstanding - basic | 414,996,770 | | 393,191,623 | | 409,866,599 | | 376,372,526 | | Add: | | | | | | | | Google Warrants | 24,697,252 | | - | | - | | - | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted average shares outstanding - diluted | 439,694,022 | | 393,191,623 | | 409,866,599 | | 376,372,526 | | | | | | | | | | Net earnings (loss) per share - basic | $ | 0.08 | | | $ | (0.01) | | | $ | (0.85) | | | $ | (0.23) | | | Net earnings (loss) per share - diluted | $ | (0.22) | | | $ | (0.01) | | | $ | (0.85) | | | $ | (0.23) | |
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| Schedule of Computation of Diluted Earnings (Loss) Per Common Share |
The following table presents the common share equivalents that are excluded from the computation of diluted earnings (loss) per common share for the three and nine months ended September 30, 2026 and 2025, because including them would have been antidilutive. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | Note conversion(1) | 161,930,746 | | 50,438,686 | | | 161,930,746 | | 50,438,686 | | Google warrants | — | | | — | | | 24,710,265 | | | — | | Unvested RSUs & PSUs | 17,115,345 | | | 25,691,978 | | | 17,115,345 | | | 25,691,978 | | Public warrants | — | | | 8,613,935 | | | — | | | 8,613,935 | | | 179,046,091 | | 84,744,599 | | 203,756,356 | | 84,744,599 |
(1) Amounts assume conversion at the maximum conversion rates of 292.3976 and 85.7632 shares of the Company’s common stock per $1,000 principal amount of the 2030 Convertible Notes and 2031 Convertible Notes, respectively.
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