Net income (loss) per share (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Income (Loss) Per Share


		Three months ended June 30,								Six months ended June 30,
($ in thousands)		2026				2025				2026				2025
Net income (loss) for basic calculation		$	(27,124	)		$	(15,430	)		$	5,475			$	(19,249	)
Less: decrease in fair value of warrants			—				—				(39,855	)			—
Net loss for diluted calculation		$	(27,124	)		$	(15,430	)		$	(34,380	)		$	(19,249	)

Weighted average shares outstanding for calculating basic income (loss) per share			16,048,941				13,098,825				15,809,947				12,948,189
Add: Assumed exercise of warrants			—				—				6,825,695				—
Weighted average shares outstanding for calculating diluted loss per share			16,048,941				13,098,825				22,635,642				12,948,189

Basic income (loss) per share		$	(1.69	)		$	(1.18	)		$	0.35			$	(1.49	)
Diluted loss per share		$	(1.69	)		$	(1.18	)		$	(1.52	)		$	(1.49	)

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

For purposes of computing diluted loss per share, weighted average common shares outstanding do not include potentially dilutive securities that are anti-dilutive, as shown below.


		Three months ended June 30,								Six months ended June 30,
		2026				2025				2026				2025
Anti-dilutive securities excluded from calculating dilutive loss per share:
Shares of common stock issuable under stock option plans outstanding			201,905				206,405				201,905				206,405
Shares of common stock issuable upon vesting of RSUs			3,127,760				1,974,750				3,127,760				1,974,750
Shares of common stock issuable upon exercise of outstanding warrants			6,836,237				—				—				—
Potential common shares excluded from diluted net loss per share calculation			10,165,902				2,181,155				3,329,665				2,181,155