The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per common share computations contained in the condensed consolidated financial statements:


	Three Months Ended March 31,
		2026		2025
		(in thousands, except share and per share amounts)
Net (loss) income from continuing operations		$	(8,774)	$	10,988
Less: Dividends on Series A preferred shares		(1,969)		(1,969)
(Loss) income from continuing operations available to common shareholders		$	(10,743)	$	9,019
Loss from discontinued operations		(149)		(1,414)
Net (loss) income available to common shareholders		$	(10,892)	$	7,605

Weighted average common shares outstanding:
Basic		46,099,930		45,803,501
Dilutive potential common shares		—		13,855,574
Diluted		46,099,930		59,659,075

Net (loss) income per common share:
Basic
Continuing operations		$	(0.23)	$	0.20
Discontinued operations		$	—	$	(0.03)
		$	(0.23)	$	0.17
Diluted
Continuing operations		$	(0.23)	$	0.18
Discontinued operations		$	—	$	(0.02)
		$	(0.23)	$	0.16