The following table reconciles the weighted-average common shares outstanding used in the calculation of basic earnings or loss per common share to the weighted-average common shares outstanding used in the calculation of diluted earnings or loss per common share:


	Three months				Six months
	ended				ended
In thousands, except per share data	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025

Numerator:
Net loss	$	(36,818)	$	(2,200)	(143,536)		(3,943)
Less: Preferred stock dividends accrued	-		-		-		-
Net income available to common stockholders	(36,818)		(2,200)		(143,536)		(3,943)
Numerator for basic and diluted EPS	$	(36,818)	$	(2,200)	(143,536)		$	(3,943)

Denominator:
Weighted-average common shares outstanding	62,142,617		41,290,000		57,704,321		36,965,956
Diluted weighted-average common shares outstanding	62,142,617		41,290,000		57,704,321		36,965,956

Weighted-average preferred shares outstanding	2,263,845		2,065		1,771,299		1,323

Earnings (loss) per share:
Basic	$	(0.59)	$	(0.05)	$	(2.49)	$	(0.11)
Diluted	$	(0.59)	$	(0.05)	$	(2.49)	$	(0.11)

Excluded Securities: Warrants and options to purchase 2,164,745 and 61,375 shares of common stock, 3,437,411 restricted share units, 567,738 restricted market-based share units, and 378,788 restricted performance share units, and 1,634,999 shares of Series A Preferred Stock were outstanding as of June 30, 2026, but were not included in the computation of diluted EPS because they were anti-dilutive.