v3.26.1
Condensed Consolidated Interim Statements of Shareholders’ Equity (Unaudited) - USD ($)
Class A
Common Stock
Class C
Common Stock
Class D
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income/ (Loss)
Non-Controlling Interest (NCI)
Accumulated Deficit
Total
Balance at Dec. 31, 2024 $ 741,799 $ 16,515 $ 10,578 $ 419,681,648     $ (483,565,942) $ (63,115,402)
Balance (in Shares) at Dec. 31, 2024 118,808,857 165,153,621 105,782,403          
Share issuance costs (29,429,791)     (29,429,791)
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units $ 2,155 1,962,455     1,964,610
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units (in Shares) 21,549,729              
Net share settlement on restricted stock units (1,744,613)     (1,744,613)
Issuance of Class A Common Stock under ESPP $ 2 129,372     129,374
Issuance of Class A Common Stock under ESPP (in Shares) 15,996              
Share-based compensation 14,291,945     14,291,945
Other comprehensive loss              
Net loss     (32,875,123) (32,875,123)
Issuance of Class A Common Stock in exchange for Class C Common Stock (and corresponding ExchangeCo Share) $ 4,146 $ 4,146    
Issuance of Class A Common Stock in exchange for Class C Common Stock (and corresponding ExchangeCo Share) (in Shares) 41,463,151 41,463,151            
Cancellation of Class D Common Stock $ (999) 999    
Cancellation of Class D Common Stock (in Shares)     (9,991,283)          
Issuance of Class A Common Stock $ 3,333 424,996,665     424,999,998
Issuance of Class A Common Stock (in Shares) 33,333,333              
Balance at Jun. 30, 2025 $ 751,435 $ 12,369 $ 9,579 829,888,680     (516,441,065) 314,220,998
Balance (in Shares) at Jun. 30, 2025 215,171,066 123,690,470 95,791,120          
Balance at Mar. 31, 2025 $ 751,399 $ 12,369 $ 9,579 825,052,644     (486,216,135) 339,609,856
Balance (in Shares) at Mar. 31, 2025 214,817,160 123,690,470 95,791,120          
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units $ 34 568,614     568,648
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units (in Shares) 337,910              
Net share settlement on restricted stock units       (1,386,195)       (1,386,195)
Issuance of Class A Common Stock under ESPP $ 2 129,372     129,374
Issuance of Class A Common Stock under ESPP (in Shares) 15,996              
Share-based compensation 5,524,245     5,524,245
Other comprehensive loss              
Net loss     (30,224,930) (30,224,930)
Balance at Jun. 30, 2025 $ 751,435 $ 12,369 $ 9,579 829,888,680     (516,441,065) 314,220,998
Balance (in Shares) at Jun. 30, 2025 215,171,066 123,690,470 95,791,120          
Balance at Dec. 31, 2025 $ 751,491 $ 12,369 $ 9,579 839,465,057 (565,396,304) 274,842,192
Balance (in Shares) at Dec. 31, 2025 215,736,576 123,690,470 95,791,120          
Issuance of Class A Common Stock in connection with Northern Data AG acquisition $ 5,935 432,633,286 93,349,709 525,988,930
Issuance of Class A Common Stock in connection with Northern Data AG acquisition (in Shares) 59,346,944              
Issuance of pre-funded warrants 754,649,238 754,649,238
Share issuance costs (11,504,123) (11,504,123)
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units $ 122 2,769,061 2,769,183
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units (in Shares) 1,223,959              
Net share settlement on restricted stock units       (1,522,260)       (1,522,260)
Issuance of Class A Common Stock under ESPP $ 2 81,062 81,064
Issuance of Class A Common Stock under ESPP (in Shares) 14,198              
Share-based compensation 12,299,451   322,025 12,621,476
Other comprehensive loss (17,857,147) (3,101,946) (20,959,093)
Net loss (1,790,479) (109,415,076) (111,205,555)
Balance at Jun. 30, 2026 $ 757,550 $ 12,369 $ 9,579 2,028,870,772 (17,857,147) 88,779,309 (674,811,380) 1,425,761,052
Balance (in Shares) at Jun. 30, 2026 276,321,677 123,690,470 95,791,120          
Balance at Mar. 31, 2026 $ 751,492 $ 12,369 $ 9,579 844,842,713 (595,666,674) 249,949,479
Balance (in Shares) at Mar. 31, 2026 215,750,581 123,690,470 95,791,120          
Issuance of Class A Common Stock in connection with Northern Data AG acquisition $ 5,935 432,633,286 93,349,709 525,988,930
Issuance of Class A Common Stock in connection with Northern Data AG acquisition (in Shares) 59,346,944              
Issuance of pre-funded warrants 754,649,238 754,649,238
Share issuance costs (11,504,123) (11,504,123)
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units $ 121 2,768,599 2,768,720
Issuance of Class A Common Stock upon exercise of stock options and warrants as well as vesting of restricted stock units (in Shares) 1,209,954              
Net share settlement on restricted stock units (1,522,260) (1,522,260)
Issuance of Class A Common Stock under ESPP $ 2 81,062 81,064
Issuance of Class A Common Stock under ESPP (in Shares) 14,198              
Share-based compensation 6,922,257 322,025 7,244,282
Other comprehensive loss (17,857,147) (3,101,946) (20,959,093)
Net loss (1,790,479) (79,144,706) (80,935,185)
Balance at Jun. 30, 2026 $ 757,550 $ 12,369 $ 9,579 $ 2,028,870,772 $ (17,857,147) $ 88,779,309 $ (674,811,380) $ 1,425,761,052
Balance (in Shares) at Jun. 30, 2026 276,321,677 123,690,470 95,791,120