The
table below sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share data):
Schedule
of Basic and Diluted Earnings Per Share
| |
2025 | | |
2024 | |
| |
Three Months Ended | |
| |
March 31, | |
| |
2025 | | |
2024 | |
Numerator: | |
| | | |
| | |
Net income (loss) | |
$ | 58 | | |
$ | (4,400 | ) |
Denominator: | |
| | | |
| | |
Basic – weighted average shares outstanding | |
| 139,068,831 | | |
| 130,201,251 | |
Effect of dilutive securities: | |
| | | |
| | |
Employee restricted stock units and deferred stock units | |
| 4,266,283 | | |
| — | |
Diluted – weighted average shares outstanding | |
| 143,335,114 | | |
| 130,201,251 | |
Basic (loss) earnings per share | |
| 0.00 | | |
| (0.03 | ) |
Diluted (loss) earnings per share | |
| 0.00 | | |
| (0.03 | ) |
|