Three Months Ended September 30,

Nine Months Ended September 30,

2026

2025

2026

2025

(in thousands, except per share amounts)

Basic net income (loss) per common share:

Net income (loss) attributable to common stockholders

$

20,401

$

(42,152

)

$

(90,444

)

$

(185,341

)

Weighted-average number of common shares – basic

307,002

260,494

293,286

245,580

Basic net income (loss) per common share

$

0.07

$

(0.16

)

$

(0.31

)

$

(0.75

)

Diluted net income (loss) per common share:

Net income (loss) attributable to common stockholders

$

20,401

$

(42,152

)

$

(90,444

)

$

(185,341

)

Weighted-average number of common shares – basic

307,002

260,494

293,286

245,580

Effect of dilutive securities:

Stock options and restricted stock units

1,788

-

-

-

Weighted-average number of common shares – diluted

308,790

260,494

293,286

245,580

Diluted net income (loss) per common share

$

0.07

$

(0.16

)

$

(0.31

)

$

(0.75

)