Year Ended December 31,

2024

2023

(Dollars in thousands, except per share amounts)

Net income (loss) attributable to common shareholders

$

(78,182

)

$

(92,852

)

Redeemable preferred stock dividends and accretion

(43,600

)

(38,969

)

Noncontrolling redeemable equity dividend

(15

)

(35

)

Basic numerator

$

(121,797

)

$

(131,856

)

Weighted average shares outstanding – Basic

28,691

27,882

Dilutive effect of common share equivalents

—

—

Weighted average shares outstanding – Diluted

28,691

27,882

Basic earnings (loss) per share

$

(4.25

)

$

(4.73

)

Diluted earnings (loss) per share

$

(4.25

)

$

(4.73

)