Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) per Common Share (Tables)

v3.26.3
Net Income (Loss) per Common Share (Tables)
9 Months Ended
Sep. 30, 2026
Net Income (Loss) per Common Share  
Schedule of Potentially Dilutive Securities are Excluded from the Computation of Net Income (Loss) Per Common Share

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September 30, 

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2026

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2025

Warrants to purchase Common Stock

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5,822,037

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13,050,619

Options to purchase Common Stock

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—

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18,896

Unvested Restricted Stock and deferred Restricted Stock

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239,459

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2,368,386

Unvested Restricted Stock units and deferred Restricted Stock units

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1,253,417

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2,748,772

Total

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7,314,913

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18,186,673

Schedule of Weighted Average Number of Shares

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

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

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2026

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2025

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2026

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2025

Net income (loss) attributable to common stockholders

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$

(7,853)

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$

3,675

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$

98,036

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$

4,316

Weighted average common shares outstanding - basic

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33,746,832

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27,244,474

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33,394,537

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27,075,216

Dilutive effect of potential common shares

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—

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5,856,487

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5,602,976

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3,620,780

Weighted average common shares outstanding - diluted

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33,746,832

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33,100,961

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38,997,513

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30,695,996

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

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$

(0.23)

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$

0.13

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$

2.94

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$

0.16

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

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$

(0.23)

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$

0.11

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$

2.51

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$

0.14

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