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NET INCOME (LOSSES) PER SHARE ("EPS") (Tables) | 6 Months Ended
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Jun. 30, 2025
NET INCOME (LOSSES) PER SHARE ("EPS") |
Summary of computation of basic and diluted net income per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30,
​ |  | 2024 | ​ | 2025
​ | ​ | Class A |  | Class B |  | Class A |  | Class B
Basic EPS: | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares
Numerator: | ​ |  | ​ |  | ​ |  | ​ |
Net income (loss) from continuing operations | ​ | 820,232 | ​ | 438,282 | ​ | (134,108,988) | ​ | (70,989,149)
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Number of shares used for Basic EPS computation (millions of shares) | ​ | 136.58 | ​ | 72.98 | ​ | 137.87 | ​ | 72.98
Basic EPS | ​ | 0.01 | ​ | 0.01 | ​ | (0.97) | ​ | (0.97)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30,
​ |  | 2024 |  | 2025
​ | ​ | Class A |  | Class B | ​ | Class A |  | Class B
Basic EPS: | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares
Numerator: | ​ |  | ​ |  | ​ |  | ​ |
Net income (loss) from continuing operations | ​ | 851,360 | ​ | 407,154 | ​ | (134,108,988) | ​ | (70,989,149)
Reallocation of net income as a result of conversion of Class B to Class A shares | ​ | 407,154 | ​ | — | ​ | (70,989,149) | ​ | —
Net income (loss) from continuing operations for diluted EPS | ​ | 1,258,514 | ​ | 407,154 | ​ | (205,098,137) | ​ | (70,989,149)
Denominator: (millions of shares) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Number of shares used for basic EPS computation | ​ | 136.58 | ​ | 72.98 | ​ | 137.87 | ​ | 72.98
Weighted average effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Conversion of Class B to Class A ordinary shares | ​ | 72.98 | ​ | — | ​ | 72.98 | ​ | —
“Adjustments for dilutive share options (millions of shares)” | ​ | 16.02 | ​ | — | ​ | — | ​ | —
Number of shares used for diluted EPS computation | ​ | 225.58 | ​ | 72.98 | ​ | 210.85 | ​ | 72.98
Diluted EPS | ​ | 0.01 | ​ | 0.01 | ​ | (0.97) | ​ | (0.97)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30,
​ |  | 2024 | ​ | 2025
​ | ​ | Class A |  | Class B |  | Class A |  | Class B
Basic EPS: | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares
Numerator: | ​ |  | ​ |  | ​ |  | ​ |
Net income (loss) from discontinued operations | ​ | 15,071,798 | ​ | 8,053,447 | ​ | (106,234,781) | ​ | (56,234,237)
Denominator: | ​ |  | ​ |  | ​ |  | ​ |
Number of shares used for Basic EPS computation (millions of shares) | ​ | 136.58 | ​ | 72.98 | ​ | 137.87 | ​ | 72.98
Basic EPS | ​ | 0.11 | ​ | 0.11 | ​ | (0.77) | ​ | (0.77)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the six months ended June 30,
​ |  | 2024 | ​ | 2025
​ | ​ | Class A |  | Class B |  | Class A |  | Class B
​ | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares | ​ | Ordinary Shares
Numerator: | ​ |  | ​ |  | ​ |  | ​ |
Net income (loss) from discontinued operations | ​ | 15,643,729 | ​ | 7,481,516 | ​ | (106,234,781) | ​ | (56,234,237)
Reallocation of net income as a result of conversion of Class B to Class A shares | ​ | 7,481,516 | ​ | ​ | ​ | (56,234,237) | ​ | ​
Net income (loss) from discontinued operations for diluted EPS | ​ | 23,125,245 | ​ | 7,481,516 | ​ | (162,469,018) | ​ | (56,234,237)
Denominator: (millions of shares) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Number of shares used for basic EPS computation | ​ | 136.58 | ​ | 72.98 | ​ | 137.87 | ​ | 72.98
Weighted average effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Conversion of Class B to Class A ordinary shares | ​ | 72.98 | ​ | ​ | ​ | 72.98 | ​ | ​
“Adjustments for dilutive share options (millions of shares)” | ​ | 16.02 | ​ | ​ | ​ | ​ | ​ | ​
Number of shares used for diluted EPS computation | ​ | 225.58 | ​ | 72.98 | ​ | 210.85 | ​ | 72.98
Diluted EPS | ​ | 0.10 | ​ | 0.10 | ​ | (0.77) | ​ | (0.77)
​

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