Note 17 - Net Income Per Share

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Earnings Per Share [Text Block]

17. Net Income Per Share

Basic net income per share is computed by dividing total net income by the weighted average common shares outstanding for the period. In computing diluted net income per share, the Company adjusts the denominator, subject to anti-dilution requirements, to include the dilution from potential shares of common stock resulting from outstanding share-based payment awards and warrants. 

	Three Months Ended March 31,
	2026		2025
	(in thousands, except per share amounts)
Net income per share available to common stockholders
Numerator:
Net income	$	15,250	$	3,566
Net income attributable to noncontrolling interest		—		(126	)
Total net income available to common stockholders	$	15,250	$	3,440
Denominator:
Weighted average common shares outstanding		213,266		197,924
Effect of dilutive securities
Stock options		10,473		16,789
RSUs		2,368		6,284
Warrants		—		3,576
Weighted average diluted shares		226,107		224,573
Basic net income per share available to common stockholders	$	0.07	$	0.02
Diluted net income per share available to common stockholders	$	0.07	$	0.02

The following table includes the total potentially dilutive securities for the three months ended March 31, 2026 and 2025, which have been excluded from the computation of diluted net income per share as their effect is anti-dilutive:

	Three Months Ended March 31,
	2026		2025
	(in thousands)
Stock options		49		20
RSUs		144		—
Total		193		20