| Net Loss per Common Share |
Note 8—Net Loss per Common Share The following summarizes the calculation of net loss per common share attributable to common shareholders for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | Loss from continuing operations, net of tax | | $ | (89,070) | | $ | (83,822) | | $ | (95,537) | | $ | (87,632) | | Loss from discontinued operations, net of tax | | | — | | | (785,236) | | | — | | | (806,408) | | Net loss | | $ | (89,070) | | $ | (869,058) | | $ | (95,537) | | $ | (894,040) | | | | | | | | | | | | | | | | Weighted average shares outstanding - basic | | | 76,695 | | | 76,935 | | | 76,638 | | | 77,102 | | Dilutive shares | | | — | | | — | | | — | | | — | | Weighted average shares outstanding - diluted | | | 76,695 | | | 76,935 | | | 76,638 | | | 77,102 | | | | | | | | | | | | | | | | Basic loss per common share: | | | | | | | | | | | | | | Loss from continuing operations, net of tax | | $ | (1.16) | | $ | (1.09) | | $ | (1.25) | | $ | (1.14) | | Loss from discontinued operations, net of tax | | | — | | | (10.21) | | | — | | | (10.46) | | Net loss | | $ | (1.16) | | $ | (11.30) | | $ | (1.25) | | $ | (11.60) | | | | | | | | | | | | | | | | Diluted loss per common share: | | | | | | | | | | | | | | Loss from continuing operations, net of tax | | $ | (1.16) | | $ | (1.09) | | $ | (1.25) | | $ | (1.14) | | Loss from discontinued operations, net of tax | | | — | | | (10.21) | | | — | | | (10.46) | | Net loss | | $ | (1.16) | | $ | (11.30) | | $ | (1.25) | | $ | (11.60) | |
Share-based awards of approximately 1.1 million and 1.2 million for the three and six months ended June 30, 2026 and 2.5 million and 2.2 million for the three and six months ended June 30, 2025 were excluded from the calculation of diluted loss per common share as the effect would be anti-dilutive.
|