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Net income / (loss) per share attributable to the Company
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to the Company
2.
Net (loss) / income per share attributable to the Company

 

The Company uses the treasury stock method of calculating diluted net income / (loss) per share attributable to the Company. For the year ended December 31, 2025 and 2023 we excluded all potentially dilutive restricted stock units, stock options, and warrants in calculating diluted net loss per share attributable to the Company as the effect was antidilutive. For the years ended December 31, 2024, we excluded all potentially dilutive stock options and warrants as the effect was antidilutive.

The following table sets forth the computation of the Company’s basic and diluted net (loss) / income per ordinary share attributable to the Company.

 

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Numerator

 

 

 

 

 

 

 

 

 

Net (loss) / income - basic

 

$

(182,507

)

 

$

22,160

 

 

$

(20,251

)

Net (loss) / income - diluted

 

$

(182,507

)

 

$

22,160

 

 

$

(20,251

)

Denominator

 

 

 

 

 

 

 

 

 

Weighted average shares – basic

 

 

58,070,416

 

 

 

60,884,122

 

 

 

61,434,238

 

Weighted average shares – diluted (1)

 

 

58,070,416

 

 

 

61,896,518

 

 

 

61,434,238

 

Net (loss) / income per share

 

 

 

 

 

 

 

 

 

Basic

 

$

(3.14

)

 

$

0.36

 

 

$

(0.33

)

Diluted

 

$

(3.14

)

 

$

0.36

 

 

$

(0.33

)

 

(1)
The denominator used in the calculation of diluted net income per share for the year ended December 31, 2024 has been adjusted to include an additional 1,012,396 shares representing the dilutive effect of restricted stock units.