v3.26.1
Basic and Diluted Net (Loss) Income Per Common Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Basic and Diluted Net (Loss) Income Per Common Share Basic and Diluted Net (Loss) Income Per Common Share
The following reflects the net (loss) income attributable to common shareholders and share data used in the basic and diluted net (loss) income per common share computations using the two-class method for the periods presented:
Three Months Ended Six Months Ended
(in thousands, except per share amounts)June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Numerator:
Net (loss) income$(1,516)$579 $(21,100)$(3,255)
Denominator:
Weighted average shares outstanding - basic53,339,258 46,063,092 52,562,976 45,605,419 
Weighted average shares outstanding - diluted53,339,258 47,980,830 52,562,976 45,605,419 
Net (loss) income per common share - basic$(0.03)$0.01 $(0.40)$(0.07)
Net (loss) income per common share - diluted$(0.03)$0.01 $(0.40)$(0.07)
Anti-dilutive shares excluded from the calculation of diluted net (loss) income per common share (1)
Stock options1,293,697 748,086 1,371,010 783,482 
Restricted and performance stock units4,940,770 1,597,709 4,595,867 822,060 
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(1)Common equivalent shares for the three months ended June 30, 2026 and six months ended June 30, 2026 and 2025 are not included in the diluted per share calculations as they would be dilutive if the Company was in a net income position.