Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potential shares of common stock, including stock options and stock related to unvested restricted stock awards. The Company is in a net loss position for the three and six months ended June 30, 2025, and therefore diluted shares equals basic shares.


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025

	(In thousands, except share and per share amounts)
Earnings per share:


Net income (loss) attributable to common stockholders	$	2,387	$	(4,931)	$	6,505	$	(8,671)

Net income (loss) per share
Basic	$	0.07	$	(0.16)	$	0.20	$	(0.29)
Diluted	$	(0.07)	$	(0.16)	$	(0.15)	$	(0.29)
Numerator used to compute net income (loss) per share:
Basic	$	2,387	$	(4,931)	$	6,505	$	(8,671)
Net gain on extinguishment of debt, net of taxes	(5,163)		—		(12,446)		—
Interest expense on convertible notes, net of taxes	381		—		905		—
Diluted (1)	$	(2,395)	$	(4,931)	$	(5,036)	$	(8,671)

Weighted average number of common shares outstanding:
Basic	32,129,631		29,889,020		31,906,992		29,438,230

Convertible debt conversion	1,361,046		—		1,318,737		—



Diluted	33,490,677		29,889,020		33,225,729		29,438,230

(1) Net income is adjusted for the reversal of the net gain on extinguishment of debt and add back of interest expense as part of the calculation for diluted earnings per share.

The following common share equivalents were excluded from the weighted average shares used to calculate diluted net loss per common share because their effects would have been anti-dilutive:


	Six months ended June 30,
	2026	2025
Stock options issued and outstanding	23,751	73,858
Restricted stock units issued and outstanding	4,626,717	3,413,832
Convertible senior notes	—	1,568,075
Total	4,650,468	5,055,765