Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the calculation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Numerator:
Net income (loss) - basic and diluted		$	(39,205	)		$	(219	)		$	(40,268	)		$	(8,312	)
Net (income) loss attributable to non- controlling interests			115				-				115				-
Earnings allocated to participating securities			(4,420	)			(2,367	)			(5,507	)			(3,540	)
Net income (loss) attributable to common stockholders - basic and diluted		$	(43,510	)		$	(2,586	)		$	(45,660	)		$	(11,852	)

Denominator:
Weighted average shares outstanding - basic and diluted			17,144				5,461				15,948				5,060

Net income (loss) per common share - basic and diluted		$	(2.54	)		$	(0.47	)		$	(2.86	)		$	(2.34	)

Schedule of Diluted Earnings Per Share

The Company had the following shares that were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive for the periods presented but could potentially dilute basic earnings per share in future periods:


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Series B Preferred Stock			46,483				18,476				46,483				18,476
Series C Preferred Stock			-				56,000				-				56,000
Series D Preferred Stock			-				-				-				-
Restricted Stock Units			106,440				-				106,440				-
Restricted Stock			358,893				-				358,893				-
Total			511,816				74,476				511,816				74,476