Earnings (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Scheduled of computation of earnings (loss) per basic and diluted share

The following is the computation of earnings per basic and diluted share (dollars in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Basic and diluted earnings (loss) per share:
Numerator:
Net income (loss) attributable to common stockholders	$	55,435	$	(8,788)	$	58,955	$	(9,517)
Denominator:
Weighted average shares used to compute basic and diluted EPS	6,701,240		5,100,030		6,124,871		4,973,463
Basic earnings (loss) per share:	$	8.27	$	(1.72)	$	9.63	$	(1.91)
Diluted earnings (loss) per share:
Numerator:
Net loss attributable to common stockholders			$	(8,788)			$	(9,517)
Dilutive net income attributable to common stockholders	55,705				59,738
Denominator:
Weighted average shares used to compute basic EPS	6,701,240		5,100,030		6,124,871		4,973,463
Dilutive effect of convertible note	161,667		—		161,667		—
Dilutive effect of common stock warrants	99,667		—		88,407		—
Dilutive effect of unvested restricted stock	110,152		—		108,492		—
Dilutive effect of contingently issuable shares	104,802		—		251,507		—
Weighted average shares used to compute diluted EPS	7,177,528		5,100,030		6,734,944		4,973,463
Diluted earnings (loss) per share:	$	7.76	$	(1.72)	$	8.87	$	(1.91)