Net Income (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the numerators and denominators is as follows (in thousands, except share and per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net (loss) income available to common shareholders	$	(13,829)	$	1,667	$	(17,935)	$	(7,118)
Denominator:
Weighted average common shares outstanding for basic (loss) income per share	5,166,486		2,774,780		4,328,230		2,748,060
Net effect of dilutive common share equivalents	—		2,300		—		—
Weighted average common shares outstanding for diluted net (loss) income per share	5,166,486		2,777,080		4,328,230		2,748,060
Net (loss) income per share:
Basic	$	(2.68)	$	0.60	$	(4.14)	$	(2.59)
Diluted	$	(2.68)	$	0.60	$	(4.14)	$	(2.59)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Anti-dilutive common share equivalents excluded from the computation of diluted net (loss) income per share were as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Common share purchase warrants	1,433,045	891,899	1,433,045	891,899
Options and RSUs outstanding	1,597,572	226,130	1,597,572	226,130
Preferred shares	1,389,417	—	1,389,417	2,300