Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income Per Share of Common Stock

The following table sets forth the computation of basic and diluted net income per share of common stock:


		For the Three Months Ended March 31,
		2026				2025
		(in thousands)
Net income		$	8,082			$	4,533
Weighted average common shares outstanding — Basic and Diluted			41,104				35,000
Net income per share — Basic and Diluted		$	0.20			$	0.13

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income Per Share

The following potential shares of common stock have been excluded from the computation of diluted net income per share because their effect would have been antidilutive:


		As of March 31,
		2026				2025
		(in thousands)
APC PSUs			85				—