v3.25.4

Net Loss Per Common Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Net Loss Per Common Share

The reconciliation of basic and diluted net loss per common share for the years ended December 31, 2025, 2024 and 2023 was as follows:

		For the Year Ended December 31,
		2025				2024				2023
Net loss
Basic and diluted		$	(497,889	)		$	(85,141	)		$	(242,056	)
Net loss per common share
Basic		$	(7.44	)		$	(1.27	)		$	(3.65	)
Diluted		$	(7.44	)		$	(1.27	)		$	(3.65	)
Weighted average number of common shares outstanding:
Basic (a)			66,934,388				66,821,951				66,407,248
Diluted			66,934,388				66,821,951				66,407,248

(a)For the year ended December 31, 2025, the basic weighted average number of common shares outstanding excludes 111,732 restricted shares which have been issued, but have not vested as of December 31, 2025 (2024 – 21,054 restricted shares; 2023 – 54,227 restricted shares) and includes vested Equity DSUs.

Anti-Dilutive Instruments Excluded from Calculation of Net Loss Per Common Share

Instruments excluded from the calculation of net loss per common share because they were anti-dilutive for the years ended December 31, 2025, 2024 and 2023 were as follows:

		For the Year Ended December 31,
		2025				2024				2023
PSUs			4,393,692				4,379,461				3,672,227
Restricted shares			111,732				21,054				54,227
RSUs			273,501				—				—
Equity DSUs			101,956				50,397				44,914

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration