v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Ordinary share capital
Additional paid-in capital
Retained earnings
Beginning balance at Dec. 31, 2024   $ 3,483 $ 481,551 $ 150,845
Increase (Decrease) in Stockholders' Equity        
Issued (forfeited) shares, net   (27)    
Repurchase of ordinary shares   (36) (4,964)  
Share-based compensation expense     2,510  
Net income (loss) $ 29,956     29,956
Ending balance at Jun. 30, 2025 663,318 3,420 479,097 180,801
Beginning balance at Mar. 31, 2025   3,456 482,876 180,472
Increase (Decrease) in Stockholders' Equity        
Issued (forfeited) shares, net   0    
Repurchase of ordinary shares   (36) (4,964)  
Share-based compensation expense     1,185  
Net income (loss) 329     329
Ending balance at Jun. 30, 2025 663,318 3,420 479,097 180,801
Beginning balance at Dec. 31, 2025   3,390 478,910 225,677
Increase (Decrease) in Stockholders' Equity        
Issued (forfeited) shares, net   8    
Repurchase of ordinary shares   (110) (19,090)  
Share-based compensation expense     2,743  
Net income (loss) 6,154     6,154
Ending balance at Jun. 30, 2026 697,682 3,288 462,563 231,831
Beginning balance at Mar. 31, 2026   3,368 476,377 261,427
Increase (Decrease) in Stockholders' Equity        
Issued (forfeited) shares, net   0    
Repurchase of ordinary shares   (80) (14,131)  
Share-based compensation expense     317  
Net income (loss) (29,596)     (29,596)
Ending balance at Jun. 30, 2026 $ 697,682 $ 3,288 $ 462,563 $ 231,831