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Note 5 - Earnings (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2024
Table Text Block [Abstract]  
Schedule Of Earnings Per Share Basic And Diluted

The following table represents net income (loss) per common share – basic and diluted (in thousands, except income (loss) per share):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

27,870

 

 

$

(15,694

)

 

$

22,117

 

 

$

(18,867

)

Preferred stock dividends

 

 

(138

)

 

 

(138

)

 

 

(276

)

 

 

(276

)

Net income (loss) applicable to common stockholders

 

$

27,732

 

 

$

(15,832

)

 

$

21,841

 

 

$

(19,143

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

 

617,106

 

 

 

604,088

 

 

 

616,649

 

 

 

602,077

 

Dilutive restricted stock units, warrants and deferred shares

 

 

5,100

 

 

 

—

 

 

 

5,287

 

 

 

—

 

Diluted weighted average common shares

 

 

622,206

 

 

 

604,088

 

 

 

621,936

 

 

 

602,077

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

0.04

 

 

$

(0.03

)

 

$

0.04

 

 

$

(0.03

)

Diluted earnings (loss) per common share

 

$

0.04

 

 

$

(0.03

)

 

$

0.04

 

 

$

(0.03

)