Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) per Common Share (Tables)

v3.25.2
Net Income (Loss) per Common Share (Tables)
6 Months Ended
Jun. 30, 2025
Net Income (Loss) per Common Share  
Schedule of Diluted Weighted Average Shares Outstanding

    

June 30, 

2025

    

2024

Warrants to purchase Common Stock

 

14,309,001

 

5,769,787

Options to purchase Common Stock

 

18,896

 

18,896

Unvested Restricted Stock and deferred Restricted Stock

 

3,094,187

 

1,870,344

Unvested Restricted Stock units and deferred Restricted Stock units

 

2,655,703

 

372,939

Total

 

20,077,787

 

8,031,966

Schedule of Weighted Average Number of Shares

Three Months Ended June 30, 

Six Months Ended June 30, 

($ in thousands, except share and per share amounts)

    

2025

2024

2025

2024

Net income (loss) attributable to common stockholders

$

13,355

$

(13,339)

$

640

$

(31,199)

Weighted average common shares outstanding - basic

26,879,380

18,316,874

26,679,106

17,736,299

Dilutive effect of potential common shares

2,944,802

 

2,502,927

Weighted average common shares outstanding - diluted

29,824,182

18,316,874

29,182,033

17,736,299

Net income (loss) per common share attributable to common stockholders - basic

$

0.50

$

(0.73)

$

0.02

$

(1.76)

Net income (loss) per common share attributable to common stockholders - diluted

$

0.45

$

(0.73)

$

0.02

$

(1.76)