Schedule of Basic and Diluted Loss Per Share |
The following table sets for the weighted average number of shares outstanding and the computation of basic and diluted net loss per share, retroactively adjusted to reflect the Reverse Sock Split for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands, except number of shares and per share data) | 2025 | | 2024 | | 2025 | | 2024 | Numerator for earnings per share calculation | | | | | | | | Net loss | $ | (62,640) | | | $ | (576,727) | | | $ | (133,959) | | | $ | (1,116,416) | | Denominator for earnings per share calculation | | | | | | | | Weighted average number of shares outstanding – basic | 16,453,896 | | | 16,116,996 | | | 16,364,573 | | | 16,137,493 | | | | | | | | | | Weighted average number of shares outstanding – diluted | 16,453,896 | | | 16,116,996 | | | 16,364,573 | | | 16,137,493 | | (Loss) Income per share – basic and diluted: | | | | | | | | Net loss per share – basic | $ | (3.81) | | | $ | (35.78) | | | $ | (8.19) | | | $ | (69.18) | | Net loss per share – diluted | $ | (3.81) | | | $ | (35.78) | | | $ | (8.19) | | | $ | (69.18) | |
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