For the Three Months Ended June 30,

For the Six Months Ended June 30,

2025

2024

2025

2024

(As Restated)

Numerator:

Net loss

$

(6,940,179)

$

(5,707,104)

$

(24,845,419)

$

(24,144,557)

Dividend

—

(556,170)

—

(1,101,529)

Earnings available for common shares/units

$

(6,940,179)

$

(6,263,274)

$

(24,845,419)

$

(25,246,086)

Denominator:

Weighted average common shares/units outstanding (basic)

44,140,202

14,184,397

33,756,838

14,184,397

Dilutive effect of potential shares/units

—

Weighted average common shares/units outstanding (diluted)

44,140,202

14,184,397

33,756,838

14,184,397

Basic loss per share/unit

$

(0.16)

$

(0.44)

$

(0.74)

$

(1.78)

Diluted loss per share/unit

$

(0.16)

$

(0.44)

$

(0.74)

$

(1.78)