| Schedule of Basic and Diluted Earnings Per Common Share |
The following table sets forth the computation of basic and diluted earnings per common share for the periods presented.
| | | Three Months Ended
June 30, | | | Six Months Ended
June 30, | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Net income (loss) | | $ | (326,000 | ) | | $ | (4,719,000 | ) | | $ | (2,298,000 | ) | | $ | 3,942,000 | | | Less net income (loss) attributable to noncontrolling interests | | | — | | | | — | | | | — | | | | (3,000 | ) | | Net income (loss) available to common stockholders | | $ | (326,000 | ) | | $ | (4,719,000 | ) | | $ | (2,298,000 | ) | | $ | 3,945,000 | | | | | | | | | | | | | | | | | | | | | Weighted-average common shares outstanding - basic | | | 40,977,420 | | | | 40,399,958 | | | | 40,890,660 | | | | 40,296,571 | | | Dilutive effect of unvested shares | | | 8,378 | | | | 422,481 | | | | 62,911 | | | | 239,021 | | | Weighted-average common shares used to compute diluted loss per share | | | 40,985,798 | | | | 40,822,439 | | | | 40,953,571 | | | | 40,535,592 | | | | | | | | | | | | | | | | | | | | | Net income (loss) per share attributable to common stockholders: | | | | | | | | | | | | | | | | | | Basic | | $ | (0.01 | ) | | $ | (0.12 | ) | | $ | (0.06 | ) | | $ | 0.10 | | | Diluted | | $ | (0.01 | ) | | $ | (0.12 | ) | | $ | (0.06 | ) | | $ | 0.10 | |
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