NET INCOME (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2025

NET INCOME (LOSS) PER SHARE

Schedule of earnings (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 indicated:

	Three Months Ended March 31,
	2025		2024
Basic earnings per common share:
Net income (loss) - basic	$	9,979	$	(1,696)
Weighted average shares outstanding - basic		42,619		34,816
Basic earnings (loss) per common share	$	0.23	$	(0.05)

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,
	2025		2024
Diluted earnings per common share:
Net income (loss) - diluted	$	9,979	$	(1,696)
Weighted average shares outstanding - basic		42,619		34,816
Add: Dilutive effects of Restricted Stock Units		843		—
Weighted average shares outstanding - diluted		43,462		34,816
Diluted net income (loss) per share	$	0.23	$	(0.05)