v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Summary of Reconciliation of Basic and Diluted Earnings Per Common Share

The following is a reconciliation of basic and diluted earnings per common share:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands, except share and earnings per share data)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net loss

 

$

(62,707

)

 

$

(30,440

)

 

$

(134,538

)

 

$

(86,570

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

12,916,928

 

 

 

12,972,587

 

 

 

12,996,965

 

 

 

12,920,253

 

Weighted-average common shares outstanding - diluted

 

 

12,916,928

 

 

 

12,972,587

 

 

 

12,996,965

 

 

 

12,920,253

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share - basic

 

$

(4.85

)

 

$

(2.35

)

 

$

(10.35

)

 

$

(6.70

)

Net loss per share - diluted

 

$

(4.85

)

 

$

(2.35

)

 

$

(10.35

)

 

$

(6.70

)