Schedule of Computation of Basic and Diluted (Loss) Earnings per Common Share |
The following tables present the basic and diluted loss per share, and the reconciliation of basic to diluted weighted average common shares (in thousands): | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | | | | | | | 2025 | | 2024 | | | | | | | | | Basic Loss Per Share | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Undistributed net loss from operations | $ | (12,821) | | | $ | (27,699) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Basic net loss attributable to common shares | $ | (12,821) | | | $ | (27,699) | | | | | | | | | | Denominator: | | | | | | | | | | | | Basic weighted average shares outstanding | 17,440 | | | 16,887 | | | | | | | | | | Basic undistributed net loss per share attributable to common shares | $ | (0.74) | | | $ | (1.64) | | | | | | | | | | | | | | | | | | | | | | Diluted Loss Per Share | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Undistributed net loss from operations | $ | (12,821) | | | $ | (27,699) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted net loss attributable to common shares | $ | (12,821) | | | $ | (27,699) | | | | | | | | | | Denominator: | | | | | | | | | | | | Basic weighted average shares outstanding | 17,440 | | | 16,887 | | | | | | | | | | | | | | | | | | | | | | Effect of dilutive options and restricted share units | — | | | — | | | | | | | | | | Diluted weighted average shares outstanding | 17,440 | | | 16,887 | | | | | | | | | | Diluted undistributed net loss per share attributable to common shares | $ | (0.74) | | | $ | (1.64) | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | | | | | | | | 2025 | | 2024 | | | | | | | | | Basic Loss Per Share | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Undistributed net loss from operations | $ | (45,188) | | | $ | (41,853) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Basic net loss attributable to common shares | $ | (45,188) | | | $ | (41,853) | | | | | | | | | | Denominator: | | | | | | | | | | | | Basic weighted average shares outstanding | 17,323 | | | 16,786 | | | | | | | | | | Basic undistributed net loss per share attributable to common shares | $ | (2.61) | | | $ | (2.49) | | | | | | | | | | | | | | | | | | | | | | Diluted Loss Per Share | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Undistributed net loss from operations | $ | (45,188) | | | $ | (41,853) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted net loss attributable to common shares | $ | (45,188) | | | $ | (41,853) | | | | | | | | | | Denominator: | | | | | | | | | | | | Basic weighted average shares outstanding | 17,323 | | | 16,786 | | | | | | | | | | | | | | | | | | | | | | Effect of dilutive options and restricted share units | — | | | — | | | | | | | | | | Diluted weighted average shares outstanding | 17,323 | | | 16,786 | | | | | | | | | | Diluted undistributed net loss per share attributable to common shares | $ | (2.61) | | | $ | (2.49) | | | | | | | | | |
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