Basic earnings per share is computed using the weighted-average number of common shares of the Company outstanding during the period. Diluted earnings per share is computed using the weighted-average number of common shares of the Company outstanding

including the dilutive effect of stock-based awards as determined under the treasury stock method. In periods when the Company has a net loss, stock-based awards are excluded from the calculation of loss per share as their inclusion would have an antidilutive effect.

The following table presents the calculation of basic and diluted earnings (loss) per share for the Company’s common shares:


	Three Months Ended March 31,
	2025		2024
Numerator
Net income (loss) available to common stockholders'	$	709	$	(21,097	)
Denominator
Weighted-average shares - basic		383,272		376,331
Dilutive effect of outstanding stock-based awards		7,394		—
Weighted-average shares - diluted		390,666		376,331
Earnings (loss) per share
Basic	$	0.00	$	(0.06	)
Diluted	$	0.00	$	(0.06	)

The Company has issued potentially dilutive instruments in the form of RSAs, RSUs and stock options. The following potentially dilutive shares are excluded from the computation of diluted earnings (loss) per share for the periods presented because including them would have been anti-dilutive:


	As of March 31,
	2025		2024
RSAs, RSUs and stock options		35,156		44,978