Basic earnings or loss per share excludes common stock equivalents and is calculated by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. We calculate diluted earnings or loss per share by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock outstanding including the potential dilutive shares of common stock related to outstanding restricted stock awards, stock options and warrants as determined using the treasury stock method. For the three and six months ended June 30, 2026, we have excluded the effect of all stock options and common stock awards from the computation of diluted loss per share because of the anti-dilutive effect of our reported net loss.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Basic earnings (loss) per share
Net income (loss) attributable to common stockholders	$	(12.9)	$	20.5	$	(6.3)	$	41.6

Weighted average shares of common stock outstanding	8,447,094		8,021,182		8,470,827		7,947,992

Basic earnings (loss) per share	$	(1.53)	$	2.55	$	(0.74)	$	5.23

Diluted earnings (loss) per share
Net income (loss) attributable to common stockholders	$	(12.9)	$	20.5	$	(6.3)	$	41.6

Weighted average shares of common stock outstanding	8,447,094		8,021,182		8,470,827		7,947,992
Effect of dilutive elements
Common stock warrants (1)	—		285,410		—		254,984
Stock option awards	—		87		—		62
Common stock awards	—		227,948		—		283,120

Dilutive weighted average shares of common stock	8,447,094		8,534,627		8,470,827		8,486,158

Diluted earnings (loss) per share	$	(1.53)	$	2.40	$	(0.74)	$	4.90

Stock options and common stock awards excluded from the computation of diluted earnings per share
Anti-dilutive (2)	20,890		17,799		19,345		19,729
Market-based (3)	—		22,565		—		22,565