v3.26.1
Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Company's Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the computation of the Company’s Loss per share:
For the three months ended June 30,
For the six months ended June 30,
dollars in thousands, except per share amounts
2026
2025
2026
2025
Net (loss) income
$
(498)
$
308 
$
(31,802)
$
(15,230)
Adjustments to Net (loss) income:
Series A Preferred Stock—adjustment to maximum redemptions value
(7,109)
(6,636)
(14,137)
(13,197)
Loss attributable to Common stockholders – basic and diluted
$
(7,607)
$
(6,328)
$
(45,939)
$
(28,427)
Weighted average Common Stock outstanding - basic and diluted
56,439,564
53,878,966
55,867,575
53,846,770
Loss per share - basic and diluted
$
(0.13)
$
(0.12)
$
(0.82)
$
(0.53)
Schedule of Potentially Diluted Common Shares that were Excluded from the Diluted Net (Loss) Per Share
The following table summarizes the potentially dilutive common shares that were excluded from diluted Loss per share - diluted computations because the effect would have been anti-dilutive:
For the three months ended June 30,
For the six months ended June 30,
2026
2025
2026
2025
Series A Preferred Stock
38,308,545
35,761,440
38,308,545
35,761,440
Unvested Restricted Stock Units
8,148,110
3,969,372
8,148,110
3,969,372
Performance-Based Restricted Common Stock
303,890
303,890
Public Warrants
17,249,874
17,249,874
17,249,874
17,249,874
Private Placement Warrants
9,400,000
9,400,000
9,400,000
9,400,000
Unvested Legacy Bridger Incentive Units
40,404
40,404
40,404
40,404
Sponsor Earnout Shares
855,000
855,000
855,000
855,000