Quarterly report [Sections 13 or 15(d)]

Earnings Per Share.

v3.25.1
Earnings Per Share.
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE.
10. EARNINGS PER SHARE.

 

The following tables compute basic and diluted earnings per share (in thousands, except per share data):

 

    Three Months Ended March 31, 2025  
    Loss
Numerator		     Shares
Denominator		     Per-Share
Amount		  
Net loss   $ (11,679 )                
Less: Preferred stock dividends     (312 )                
Basic and diluted loss per share:                        
Net loss attributable to common stockholders   $ (11,991 )     73,836     $ (0.16 )

 

    Three Months Ended March 31, 2024  
    Loss
Numerator		     Shares
Denominator		     Per-Share
Amount		  
Net loss   $ (11,725 )                
Less: Preferred stock dividends     (315 )                
Basic and diluted loss per share:                        
Net loss attributable to common stockholders   $ (12,040 )     72,766     $ (0.17 )

 

There were additional aggregate potentially dilutive weighted-average shares of 981,000 from convertible securities outstanding for the three months ended March 31, 2025 and 2024. These securities were not considered in calculating diluted net loss per share for the three months ended March 31, 2025 and 2024, as their effect would have been anti-dilutive.