v3.25.2
Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Note 8: Earnings (Loss) Per Share
Basic earnings (loss) per share is computed by dividing net earnings (loss) by the weighted-average number of shares of common stock outstanding. Diluted earnings (loss) per share includes the effects of potentially dilutive shares of common stock, if dilutive. Potentially dilutive effects include the exercise of warrants, contingently issuable shares, and share-based compensation. On July 31, 2024, all of the Company’s stock purchase warrants expired and were unexercised. Our potentially dilutive shares aggregated 4.6 million and 4.3 million for the three and six months ended June 30, 2025, respectively, and 30.4 million and 30.2 million for the same periods in 2024, and were not included in the computation of diluted earnings (loss) per share because the impact would have been anti-dilutive.
The following tables set forth the computation of basic and dilutive earnings (loss) per share:
Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(in $000s, except per share data)Net Income (Loss)Weighted Average SharesPer Share AmountNet Income
(Loss)
Weighted Average SharesPer Share Amount
Basic earnings (loss) per share$(28,380)226,477$(0.13)$(24,478)239,727$(0.10)
Dilutive common share equivalents— — — — 
Diluted earnings (loss) per share$(28,380)226,477$(0.13)$(24,478)239,727$(0.10)
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(in $000s, except per share data)Net Income (loss)Weighted Average SharesPer Share AmountNet Income
(Loss)
Weighted Average SharesPer Share Amount
Basic earnings (loss) per share$(46,171)227,371 $(0.20)$(38,813)240,045 $(0.16)
Dilutive common share equivalents— — — — — 
Diluted earnings (loss) per share$(46,171)227,371 $(0.20)$(38,813)240,045 $(0.16)