v3.26.1
BASIC AND DILUTED EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The following table includes the number of shares outstanding and potentially dilutive stock options and Restricted Stock Units ("RSU's") as of June 30, 2026, and December 31, 2025, respectively:
June 30, 2026December 31, 2025
Common shares outstanding25,269,93720,821,959
Nonvested shares outstanding4,625,3524,352,533
Legally outstanding shares29,895,28925,174,492
Stock options and RSUs outstanding (1)(2)
2,123,0251,693,734
Total fully diluted shares32,018,31426,868,226
(1) The holders of Restricted Stock Units and Stock Options are not entitled to dividends or to vote
(2) Includes 181,822 RSUs that were fully vested on June 30, 2026 as there were no remaining contingencies for these shares to be issued

The following table includes the weighted average shares outstanding and potentially dilutive stock options and RSUs for the three and six months ended June 30, 2026 and 2025, respectively:
Three months endedSix months ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Common shares, weighted average
24,951,18417,183,12924,130,71817,044,164
Nonvested shares, weighted average
4,482,7347,404,9924,396,3747,240,670
Legally outstanding shares, weighted average
29,433,91824,588,12128,527,09224,284,834
Stock options and RSUs outstanding, weighted average
1,802,8291,584,7071,743,9741,553,948
Total securities on a fully diluted basis, weighted average
31,236,74726,172,82830,271,06625,838,782
Schedule of Earnings Per Share, Basic and Diluted
The following table shows the computation of basic and diluted loss per share for the three and six months ended June 30, 2026 and 2025, respectively:
Three months endedSix months ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Numerator
Net loss$(3,734)$(5,730)$(15,230)$(16,346)
Less unvested common stock dividends under the two - class method(1,082)(1,748)(1,082)(1,748)
Net loss attributable to common shareholders(4,816)(7,478)(16,312)(18,094)
Denominator
Weighted average basic and diluted shares outstanding24,951,18417,183,12924,130,71817,044,164
Basic and diluted loss per share$(0.19)$(0.44)$(0.68)$(1.06)