Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) per Common Share (Tables)

v3.26.1
Net Income (Loss) per Common Share (Tables)
6 Months Ended
Jun. 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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June 30, 

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2026

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2025

Warrants to purchase Common Stock

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5,951,817

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14,309,001

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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1,461,637

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3,094,187

Unvested Restricted Stock units and deferred Restricted Stock units

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1,911,224

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2,655,703

Total

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9,324,678

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20,077,787

Schedule of Weighted Average Number of Shares

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Three Months Ended June 30, 

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Six Months Ended June 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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$

(2,476)

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$

13,355

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$

105,889

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$

640

Weighted average common shares outstanding - basic

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31,791,173

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26,879,380

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31,666,585

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26,679,106

Dilutive effect of potential common shares

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—

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2,944,802

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5,345,115

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2,502,927

Weighted average common shares outstanding - diluted

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31,791,173

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29,824,182

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37,011,700

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29,182,033

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

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$

(0.08)

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$

0.50

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$

3.34

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$

0.02

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

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$

(0.08)

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$

0.45

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$

2.86

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$

0.02

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