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Net Income Per Share (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Reconciliation of Common Shares Used for Basic and Diluted Earnings Per Share The following table provides a reconciliation of the common shares used for basic net income per share to the diluted shares used for diluted net income per share:
Year Ended December 31,
202520242023
Basic weighted average shares outstanding47,181,227 46,969,708 45,636,649 
Effect of potential dilutive
shares (1):
Restricted stock units— — — 
Performance stock units (1)
— — — 
Diluted weighted average shares outstanding47,181,227 46,969,708 45,636,649 
Anti-dilutive shares excluded from the above reconciliation
Warrants (2)
1,311,546 — — 
Options (2)
279,740 — — 
Restricted stock units164,101 479,781 550,255 
Performance stock units (1)
8,273 817,483 900,964 
(1)Performance stock units are reflected based on the performance metrics through the balance sheet date. Vesting of these units is contingent upon meeting certain performance metrics. Although a portion of these performance metrics have been achieved as of the respective period end, it is possible that awards may no longer meet the metric at the end of the performance period.
Schedule of Earnings Per Share, Basic and Diluted
The following table provides a reconciliation of net income (loss) from continuing operations attributable to common stockholders to the numerator in the basic and diluted earnings per share calculation, together with the resulting earnings per share amounts:
Year ended December 31,202520242023
Net income (loss) attributable to Octave common stockholders
$(98,404)$(59,282)$(24,551)
Adjustment to redemption value (ASC 480)(18,175)(5,222)4,792 
Numerator of basic and diluted EPS$(116,579)$(64,504)$(19,759)
Per Share:
Basic$(2.47)$(1.37)$(0.43)
Diluted$(2.47)$(1.37)$(0.43)
Schedule of Common Stock Repurchases
The following table shows shares repurchased by year.
($ in thousands,
except per share)
Year Ended December 31,
2022202320242025
Shares repurchased1,605,316325,068937,1413,434,745
Total cost$14,217 $4,510 $11,699 $29,942 
Average purchase price per share$8.86 $13.88 $12.48 $8.72 
Unused authorization amount$8,449