EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of potentially dilutive securities

The following table presents unweighted potentially dilutive shares that were not included in the computation of diluted loss per common share because to do so would have been antidilutive:


	For the three months ended September 30,		For the nine months ended September 30,
	2026	2025	2026	2025
2026 Notes	—	452,961	—	—
2030 Notes	39,683,215	39,683,215	39,683,215	39,683,215
Series A Preferred Stock	13,320,013	13,320,013	13,320,013	13,320,013
Warrant	11,201,659	11,201,659	11,201,659	11,201,659

RSUs	1,668,607	1,805,703	1,668,607	1,805,703
PSUs	484,238	539,833	484,238	539,833
Total	66,357,732	67,003,384	66,357,732	66,550,423

Schedule of basic and diluted earnings per share

The following table presents the calculation of basic and diluted loss per common share:


	For the three months ended September 30,				For the nine months ended September 30,
(in thousands, except share and per share data)	2026		2025		2026		2025
Calculation of basic loss per common share:
Net loss attributable to common stockholders	$	(20,710)	$	(41,780)	$	(48,974)	$	(95,300)
Weighted-average shares outstanding, basic	178,501,272		175,034,287		178,311,733		167,585,724
Basic loss per common share	$	(0.12)	$	(0.24)	$	(0.27)	$	(0.57)

Calculation of diluted loss per common share:
Net loss attributable to common stockholders	$	(20,710)	$	(41,780)	$	(48,974)	$	(95,300)




Weighted-average shares outstanding, diluted	178,501,272		175,034,287		178,311,733		167,585,724
Diluted loss per common share	$	(0.12)	$	(0.24)	$	(0.27)	$	(0.57)