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NET INCOME (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Diluted Income Per Share
The following table presents the total potential securities that were not included in the computation of diluted income (loss) per share, as their inclusion would have been anti-dilutive:

For the Year Ended December 31,
202420232022
Warrants324,375 324,375 324,375 
Restricted stock units— — 1,255,648 
The Convertible Notes (as defined below)
— — 9,812,955 
Series A Preferred Stock— 322,654 — 
Total dilutive shares324,375 647,029 11,392,978 
Schedule of Computation of Basic and Diluted Income (Loss) Per Share
The following table sets forth the computation of basic and diluted income (loss) per share:

For the Year Ended December 31,
(in thousands, except share and per share data)202420232022
Basic earnings per share of common stock:
Net income (loss) per share of common stock - basic
$541,253 $259,052 $(694,022)
Weighted average shares of common stock - basic
289,961,989 183,855,570 113,467,837 
Net income (loss) per share of common stock - basic
$1.87 $1.41 $(6.12)
Diluted earnings per share of common stock:
Net income (loss) per share of common stock - basic
$541,253 $259,052 $(694,022)
Add: Notes interest expense, net of tax6,364 7,421 — 
Less: Gain from extinguishment of debt, net of tax
(10,278)(62,909)— 
Net income (loss) per share of common stock - diluted
$537,339 $203,564 $(694,022)
Weighted average shares of common stock - basic
289,961,989 183,855,570 113,467,837 
Restricted stock units4,492,213 330,928 — 
Performance-based restricted stock units849,739 — — 
The Convertible Notes
16,537,406 8,106,779 — 
Weighted average shares of common stock - diluted
311,841,347 192,293,277 113,467,837 
Net income (loss) per share of common stock - diluted
$1.72 $1.06 $(6.12)