v3.26.1
Earnings (Loss) per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share The calculation of basic and diluted EPS was as follows (in thousands, except per share data):
Income/(Loss)
(Numerator)
Shares
(Denominator)
Per-Share Amount*
For the three months ended June 30, 2026
Basic and Diluted EPS
Net income (loss)$(8,438)
Less: preferred stock dividends— 
Income (loss) from continuing operations attributable to common stockholders(8,438)16,318 $(0.52)
Income from discontinued operations, net of tax— 16,318 $— 
Income (loss) attributable to common stockholders$(8,438)16,318 $(0.52)
For the three months ended June 30, 2025
Basic and Diluted EPS
Income (loss) from continuing operations$507 
Less: preferred stock dividends(883)
Income (loss) from continuing operations attributable to common stockholders(376)15,024 $(0.03)
Income from discontinued operations, net of tax— 15,024 $— 
Income (loss) attributable to common stockholders$(376)15,024 $(0.03)
For the six months ended June 30, 2026
Basic EPS
Net income (loss)$(12,974)
Less: preferred stock dividends— 
Add: preferred stock exchange deemed contribution15,100 
Income (loss) from continuing operations attributable to common stockholders2,126 16,206 $0.13 
Income from discontinued operations, net of tax— 16,206 $— 
Income (loss) attributable to common stockholders$2,126 16,206 $0.13 
 Diluted EPS
Income (loss) attributable to common stockholders $2,126 16,206 
Effect of dilutive stock options and unvested restricted stock 350 
Effect of common stock warrants 116 
 Diluted EPS$2,126 16,672 $0.13 
For the six months ended June 30, 2025
Basic and Diluted EPS
Income (Loss) from continuing operations$(663)
Less: preferred stock dividends(1,747)
Income (loss) from continuing operations attributable to common stockholders(2,410)15,013 $(0.16)
Income from discontinued operations, net of tax(400)15,013 $(0.03)
Income (loss) attributable to common stockholders$(2,810)15,013 $(0.19)
(*) Rounding may affect summation.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following is a summary of outstanding anti-dilutive potential shares of common stock that have been excluded from diluted net loss per share attributable to common stockholders because their inclusion would have been anti-dilutive (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Common stock warrants2,930 3,018 2,813 3,018 
Stock options1,415 1,283 1,097 1,283 
Restricted stock units1,641 1,321 112 1,321 
Employee stock purchase plan28 35 28 35 
     Total6,014 5,657 4,050 5,657