Hodge-Deligne and Poincaré polynomials of $\overline{\mathcal M}_{1,n}$

By studying wall crossings of Hassett moduli spaces of weighted pointed curves, we prove a recursive formula that reduces the computation of the cohomology of $\overline{\mathcal M}_{g,n}$ to that of the moduli space $\overline{\mathcal M}_{g,(0^+)^n}$ of stable pointed curves of minimal weights. For $g=1$, we further prove an explicit formula for the Hodge-Deligne and Poincaré polynomials of $\overline{\mathcal M}_{1,(0^+)^n}$. Combining these, we prove formulas that enable us to compute the cohomology of $\overline{\mathcal M}_{1,n}$ efficiently.