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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share

The following table summarizes our net income or loss, and the number of common shares used in the computation of basic and diluted income or loss per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(Amounts in thousands, except per share amounts)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(28,947

)

 

$

(9,688

)

 

$

(58,758

)

 

$

(7,642

)

Earnings allocated to unvested participating securities

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(14

)

Numerator for loss per common share - basic and diluted

 

$

(28,947

)

 

$

(9,688

)

 

$

(58,758

)

 

$

(7,656

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic loss per common share -
   weighted average shares

 

 

220,513

 

 

 

217,315

 

 

 

219,254

 

 

 

217,209

 

Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Denominator for diluted loss per common share -
   weighted average shares

 

 

220,513

 

 

 

217,315

 

 

 

219,254

 

 

 

217,209

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per common share - basic and diluted

 

$

(0.13

)

 

$

(0.04

)

 

$

(0.27

)

 

$

(0.04

)

 

(1)
The effect of dilutive securities excludes 18,415 and 22,105 weighted average share equivalents for the three months ended September 30, 2025 and 2024, respectively, and 19,628 and 22,079 weighted average share equivalents for the nine months ended September 30, 2025 and 2024, respectively, as their effect was anti-dilutive.