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Shareholders' Equity
 12 Months Ended
Dec. 31, 2025
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
13.    Shareholders' Equity
The Company has 200,000,000 shares of common stock authorized with $0.0002 par value per share. The following table presents a rollforward of changes in common shares issued and outstanding.
Year Ended December 31,
20252024
Issued and outstanding common shares, beginning of year45,644,318 37,641,563 
Conversion of Series A Preferred Shares to common stock— 5,859,375 
Enstar common stock investment— 1,953,125 
Vesting of RSU awards324,266 190,255 
Issued and outstanding common shares, end of year45,968,584 45,644,318 
On November 11, 2024, the Company amended the Certificate of Designations to, among other things, convert 37,500 outstanding Series A Preferred Shares with a liquidation value of $37.5 million to common shares at a per share price of $6.40, resulting in the issuance of 5,859,375 common shares. The difference between the $6.40 share price per the amended Certificate of Designations and the $6.62 closing price of the Company's shares on November 11, 2024 was considered a deemed dividend for accounting purposes, resulting in a $1.3 million charge to retained deficit.
On November 11, 2024, Enstar Group Limited ("Enstar"), through its subsidiary Cavello Bay Reinsurance Limited, entered into a subscription agreement to purchase $12.5 million of the Company’s common shares at a share price of $6.40. The Enstar investment closed on December 23, 2024, resulting in the issuance of 1,953,125 common shares. The difference between the $6.40 share price per the subscription agreement and the $4.66 closing price of the Company's shares on December 23, 2024 was considered a deemed contribution for accounting purposes, resulting in a $3.4 million increase in additional paid-in-capital.
The Company has 7,632,650 shares of common stock reserved for future issuance upon exercise or vesting of equity awards, as applicable, and 13,521,634 shares of common stock reserved for issuance upon conversion of the Series A Preferred Shares.
The Board of Directors declared the following cash dividends on common stock in 2025, 2024, and 2023:
Date of
Declaration		Dividend per
Common Share		Payable to Shareholders
of Record on		Payment DateTotal Amount (thousands)
2025
February 20, 2025$0.01March 10, 2025March 31, 2025$477 
April 24, 2025$0.01June 9, 2025June 30, 2025$476 
July 24, 2025$0.01September 15, 2025September 30, 2025$476 
October 23, 2025$0.01December 15, 2025December 31, 2025$473 
Total$0.04$1,902 
2024
February 15, 2024$0.05March 11, 2024March 29, 2024$1,940 
April 25, 2024$0.05June 10, 2024June 28, 2024$1,939 
July 25, 2024$0.05September 16, 2024September 30, 2024$1,938 
November 9, 2024$0.01December 16, 2024December 31, 2024$446 
Total$0.16$6,263 
2023
February 16, 2023$0.05March 13, 2023March 31, 2023$1,922 
April 27, 2023$0.05June 12, 2023June 30, 2023$1,921 
July 27, 2023$0.05September 11, 2023September 29, 2023$1,922 
October 26, 2023$0.05December 11, 2023December 29, 2023$1,919 
Total$0.20$7,684 
Included in the dividends are $65,000, $152,000 and $159,000 of dividend equivalents on RSUs, of which $127,000, $252,000 and $255,000 were payable as of December 31, 2025, 2024, and 2023, respectively.