| Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of basic and diluted income (loss) per common share for the three and six months ended June 30, 2026 and June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Basic earnings per share | | | | | | | | | | Net income (loss) | | $ | (4,177) | | | $ | (934) | | | $ | (10,147) | | | $ | (7,639) | | | Weighted-average number of common shares outstanding | | 11,188,768 | | 6,789,843 | | 11,490,663 | | 6,683,097 | | Basic earnings (loss) per share | | $ | (0.37) | | | $ | (0.14) | | | $ | (0.88) | | | $ | (1.14) | | | | | | | | | | | | Diluted earnings per share | | | | | | | | | | Net income (loss) | | $ | (4,177) | | | $ | (934) | | | $ | (10,147) | | | $ | (7,639) | | | Weighted-average number of common shares outstanding | | 11,188,768 | | 6,789,843 | | 11,490,663 | | 6,683,097 | | Incremental Common Shares | | | | | | | | | Assumed exercise of warrants ¹ | | — | | — | | — | | — | Common shares potentially issuable ² | | — | | — | | — | | — | | Weighted-average number of diluted common shares outstanding | | 11,188,768 | | 6,789,843 | | 11,490,663 | | 6,683,097 | | Diluted earnings (loss) per share | | $ | (0.37) | | | $ | (0.14) | | | $ | (0.88) | | | $ | (1.14) | |
________________ (1)For the three and six months ended June 30, 2026 and 2025, both the Arrangement Warrants and debt warrants were anti-dilutive and are excluded from the calculation of diluted earnings per share. (2)For the three and six months ended June 30, 2026 and 2025, RSUs granted and unvested were anti-dilutive and are excluded from the calculation of diluted earnings per share.
|
| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following table summarizes the anti-dilutive securities that are excluded from the computation of diluted income (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Anti-dilutive Securities | | | | | | | | | | Weighted-average number of unexercised warrants | | 222,079 | | 828,088 | | 222,079 | | 828,088 | | Weighted-average number RSUs outstanding, inclusive of DEUs | | 150,686 | | 472,021 | | 75,759 | | 464,319 | | Total common shares equivalent | | 372,765 | | 1,300,109 | | 297,838 | | 1,292,407 |
|