v3.26.1
Net Income (Loss) per Common Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) per Common Share
13. Net Income (Loss) per Common Share
The following table presents the computation of the Company’s basic and diluted net income (loss) per share:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(Dollars in thousands)
Numerator:
Net loss attributed to common stockholders - basic and diluted$(42,479)$(14,313)$(81,265)$(69,156)
Denominator:
Weighted-average shares - basic and diluted97,299,602 94,492,931 96,792,491 86,269,441 
Net loss per share:
Basic$(0.44)$(0.15)$(0.84)$(0.80)
Diluted$(0.44)$(0.15)$(0.84)$(0.80)
The Company’s PSUs are only included in diluted net income (loss) per share to the extent the underlying performance conditions have been satisfied at the end of the reporting period, or would be considered satisfied if the end of the reporting period was the end of the related performance period and the result would be dilutive.
The following weighted-average shares have been excluded from the calculation of diluted net income (loss) per share attributable to holders of Common Stock for each period presented because they are anti-dilutive:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Options to purchase Common Stock
1,080,394 1,583,460 1,140,852 1,630,613 
Warrants48,529 48,529 48,529 48,529 
Restricted stock units8,649,786 4,941,850 7,728,603 4,293,830 
Performance stock units
532,813 1,260,272 534,693 1,064,825 
Total shares excluded from diluted net loss per share10,311,522 7,834,111 9,452,677 7,037,797