NET INCOME PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF DILUTED INCOME PER SHARE

The following table presents the securities that were not included in the computation of diluted income per share, as their inclusion would have been anti-dilutive:

	Three Months Ended March 31,
	2024	2023
Warrants	324,375	324,375
Restricted stock units	—	2,156,230
Total dilutive shares	324,375	2,480,605

SCHEDULE OF COMPUTATION OF BASIC AND DILUTED INCOME PER SHARE

The following table sets forth the computation of basic and diluted income per share:

	Three Months Ended March 31,
(in thousands, except share and per share data)	2024		2023
Basic earnings per share of common stock:
Net income per share of common stock - basic	$	337,173	$	118,699
Weighted average shares of common stock - basic	259,098,664		159,186,506
Net income per share of common stock - basic	$	1.30	$	0.75
Diluted earnings per share of common stock:
Net income per share of common stock - basic	$	337,173	$	118,699
Add: Notes interest expense, net of tax	985		2,225
Net income per share of common stock - diluted	$	338,158	$	120,924
Weighted average shares of common stock - basic	259,098,664		159,186,506
Restricted stock units	4,472,357		—
Convertible notes	4,341,422		9,812,955
Weighted average shares of common stock - diluted	267,912,443		168,999,461
Net income per share of common stock - diluted	$	1.26	$	0.72