v3.26.1
Earnings (Loss) per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings (Loss) per Share

15. Earnings (Loss) per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands except share and per share amounts):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(4,789

)

 

$

(47,337

)

 

$

(6,269

)

 

$

(51,023

)

Less: net (loss) income attributable to noncontrolling interests

 

 

(512

)

 

 

655

 

 

 

(832

)

 

 

655

 

Net loss attributable to common stockholders

 

$

(4,277

)

 

$

(47,992

)

 

$

(5,437

)

 

$

(51,678

)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic and diluted

 

 

73,914,402

 

 

 

73,071,330

 

 

 

73,914,402

 

 

 

68,040,844

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share - basic and diluted

 

$

(0.06

)

 

$

(0.65

)

 

$

(0.07

)

 

$

(0.75

)

The potentially dilutive shares of common stock are comprised of 15,304,982 warrants outstanding and are computed using the treasury stock method. The effect of the Company’s potentially dilutive securities was not included in the calculation of diluted net loss per share as the effect would be anti-dilutive.