Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) per Common Share (Tables)

v3.26.1
Net Income (Loss) per Common Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share
The table below presents a reconciliation of the basic and diluted net income (loss) per share that were computed for the following periods:
Three Months Ended
  March 31, 2026 March 31, 2025
Numerator:
Net income (loss)
$ (76,502) $ (2,948)
Less: dividends on Convertible Preferred Stock 1,512  3,531 
Net income (loss) available to common shareholders
$ (78,014) $ (6,479)
Denominator:
Weighted-average common shares outstanding:
Basic and diluted
193,672,276  71,192,148 
Net income (loss) per common share:
Basic and diluted $ (0.40) $ (0.09)