Equity (Deficit)

12 Months Ended

Dec. 31, 2024

Equity (Deficit)

Equity (Deficit)

Note 10. Equity (Deficit)

Equity Outstanding

The Company’s authorized capital stock includes 250,000,000 shares of common stock, $0.01 par value per share. The following table summarizes the changes in the number of outstanding common units and shares of common stock:

	Common Stock
Balance, December 31, 2022	38,459,731
Issuance of common stock	—
Restricted stock units vested	967,374
Shares withheld for taxes (1)	(279,900)
Balance, December 31, 2023	39,147,205
Issuance of common stock	—
Restricted stock units vested	911,536
Shares withheld for taxes (1)	(263,603)
Balance, December 31, 2024	39,795,138

(1) Represents the net settlement on vesting of restricted stock to satisfy the tax withholding requirements.