Numerator

For the Three Months Ended June 30, 2024

For the Six Months Ended June 30, 2024

Net income (loss)

$

23,792

$

(13,570

)

Allocation to participating securities

(5,541

)

—

Numerator for basic net income (loss) per common share (A)

18,251

(13,570

)

Add back gain from the change in fair value of the May 2024 Warrants

—

(4,652

)

Add back interest expense on the 2025 Notes

799

2,301

Add back gain on extinguishment of debt

(44,702

)

(44,702

)

Add back interest expense on the 2029 Notes

1,943

—

Add back gain from the change in fair value of the 2029 Notes Derivatives

(6,890

)

—

Numerator for diluted net loss per common share (C)

$

(30,599

)

$

(60,623

)

Denominator

For the Three Months Ended June 30, 2024

For the Six Months Ended June 30, 2024

Weighted-average number of common shares outstanding (B)

8,069

7,884

Dilutive effect of May 2024 Warrants calculated using the treasury method

—

28

Dilutive effect of 2025 Notes calculated using the if-converted method

393

560

Dilutive effect of 2029 Notes calculated using the if-converted method

1,833

—

Denominator for diluted net loss per common share (D)

10,295

8,472

Net Income (loss) per Common Share

For the Three Months Ended June 30, 2024

For the Six Months Ended June 30, 2024

Basic net income (loss) per common share (= A / B)

$

2.26

$

(1.72

)

Diluted net loss per common share (= C / D)

$

(2.97

)

$

(7.16

)