Net Loss Per Common Share

3 Months Ended

Mar. 31, 2026

Basic net loss per common share is computed using the weighted average common shares outstanding during the period. Diluted net loss per common share is computed by using the weighted average common

shares outstanding, including the dilutive effect of restricted shares based on an average share price during the period. For the three months ended March 31, 2026 and March 31, 2025, 0.6 and 0.7 million shares of Common Stock, respectively, were excluded from the determination of diluted net loss per common share because their effect would have been anti-dilutive. The computations of basic and diluted net loss per share for the three months ended March 31, 2026 and March 31, 2025 are as follows:


	Three Months Ended
	March 31, 2026		March 31, 2025
Net loss	$	(24.0)	$	(27.9)
(Shares in millions)
Basic weighted average common shares	19.5		17.2
Effect of dilutive securities - dilutive securities	—		—
Diluted weighted average common shares	19.5		17.2

Basic net loss per common share	$	(1.23)	$	(1.62)
Diluted net loss per common share	$	(1.23)	$	(1.62)