v3.26.1
Earnings per share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted income (loss) per common share for the year ended December 31, 2025 and December 31, 2024:
Years Ended December 31,
20252024
Basic earnings per share
Net income (loss)$(60,847)$(10,387)
Weighted-average number of common shares outstanding8,597,4546,113,203
Basic earnings (loss) per share$(7.08)$(1.70)
Diluted earnings per share
Net income (loss)$(60,847)$(10,387)
Weighted-average number of common shares outstanding8,597,4546,113,203
Incremental Common Shares
Assumed exercise of warrants ¹
Common shares potentially issuable ²
Weighted-average number of diluted common shares outstanding8,597,4546,113,203
Diluted earnings (loss) per share$(7.08)$(1.70)
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(1)For the years ended December 31, 2025 and 2024, both the Arrangement Warrants and debt warrants were anti-dilutive and are excluded from the calculation of diluted earnings per share.
(2)For the years ended December 31, 2025 and 2024, RSUs granted were anti-dilutive and are excluded from the calculation of diluted earnings per share.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the anti-dilutive securities that are excluded from the computation of diluted income (loss) per share:
Years Ended December 31,
20252024
Anti-dilutive Securities
Weighted-average number of unexcercised warrants706,886812,877
Weighted-average number RSUs outstanding, inclusive of DEUs317,458166,049
Total common shares equivalent1,024,344978,926