NET INCOME (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2026

NET INCOME (LOSS) PER SHARE

NET INCOME (LOSS) PER SHARE

(13) NET INCOME (LOSS) PER SHARE

The following table (in thousands, except per share amounts) sets forth the computation of basic earnings (loss) per share for the periods presented:

	Three Months Ended March 31,
	2026		2025
Basic earnings per common share:
Net income (loss) - basic	$	(9,321)	$	9,979
Weighted average shares outstanding - basic		46,519		42,619
Basic earnings (loss) per common share	$	(0.20)	$	0.23

The following table (in thousands, except per share amounts) sets forth the computation of diluted net income (loss) per share:

	Three Months Ended March 31,
	2026		2025
Diluted earnings per common share:
Net income (loss) - diluted	$	(9,321)	$	9,979
Weighted average shares outstanding - basic		46,519		42,619
Add: Dilutive effects of Restricted Stock Units		—		843
Weighted average shares outstanding - diluted		46,519		43,462
Diluted net income (loss) per share	$	(0.20)	$	0.23

The computation of diluted net loss per share for the three months ended March 31, 2026 excludes 389,276 potentially dilutive securities related to unvested restricted stock units as their inclusion would have been anti-dilutive.