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Income taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
$    
Income taxes at federal statutory rate $ 7,809,285 $ 25,674,482
State income taxes, net of federal tax (1,381,381) 305,959
Loss on extinguishment of Convertible Notes $ 2,260,554 $ 0
Change in fair value of derivative liabilities (50.40%) (19.90%)
Non-deductible expenses $ 349,210 $ 254,097
Change in tax status 0 1,024,442
Total income tax (benefit) expense $ (9,718,688) $ 2,957,016
%    
Income taxes at federal statutory rate 21.00% 21.00%
State income taxes, net of federal tax (3.70%) 0.30%
Loss on extinguishment of Convertible Notes 6.10% 0.00%
Change in fair value of derivative liabilities $ (18,756,356) $ (24,301,964)
Non-deductible expenses 0.90% 0.20%
Change in tax status 0.00% 0.80%
Income tax (benefit) expense (26.10%) 2.40%
Fair Value Adjustment of Warrants $ 960,091 $ (10,988,922)