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Note 5 - Earnings (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 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 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) applicable to common stockholders

 

$

1,761

 

 

$

(22,415

)

 

$

23,878

 

 

$

(41,282

)

Preferred stock dividends

 

 

(138

)

 

 

(138

)

 

 

(414

)

 

 

(414

)

Net income (loss) applicable to common stockholders

 

$

1,623

 

 

$

(22,553

)

 

$

23,464

 

 

$

(41,696

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

 

621,921

 

 

 

607,896

 

 

 

618,419

 

 

 

604,028

 

Dilutive units

 

 

3,818

 

 

 

 

 

 

3,373

 

 

 

 

Diluted weighted average common shares

 

 

625,739

 

 

 

607,896

 

 

 

621,792

 

 

 

604,028

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$

0.00

 

 

$

(0.04

)

 

$

0.04

 

 

$

(0.07

)

Diluted earnings (loss) per common share

 

$

0.00

 

 

$

(0.04

)

 

$

0.04

 

 

$

(0.07

)