Earnings (Loss) per Share

3 Months Ended

Mar. 31, 2025

Earnings (Loss) per Share

Earnings (Loss) per Share

Note 10. Earnings (Loss) per Share

The following sets forth the calculation of earnings (loss) per share, or EPS, for the periods indicated (in thousands, except per share amounts):

	For the Three Months Ended
	March 31,
	2025		2024
Net income (loss)	$	(5,861)	$	(9,396)
Less: Net income allocated to participating securities		—		—
Basic and diluted earnings available to common stockholders	$	(5,861)	$	(9,396)
Common shares:
Common shares outstanding — basic		40,188		39,410
Dilutive effect of potential common shares		—		—
Common shares outstanding — diluted		40,188		39,410
Net earnings (loss) per share:
Basic	$	(0.15)	$	(0.24)
Diluted	$	(0.15)	$	(0.24)