Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2024

Note 8: Earnings (Loss) Per Share

Basic earnings (loss) per share is computed by dividing net earnings (loss) by the weighted-average number of shares of Common Stock outstanding. Diluted earnings (loss) per share includes the effects of potentially dilutive shares of Common Stock, if dilutive. Potentially dilutive effects include the exercise of warrants, contingently issuable shares, and share-based compensation. Our potentially dilutive shares aggregated 31.4 million and 30.0 million for the three months ended March 31, 2024 and 2023, respectively, and were not included in the computation of diluted earnings (loss) per share because the impact would have been anti-dilutive due to the loss reported during the period.

The following tables set forth the computation of basic and dilutive earnings per share:


	Three Months Ended March 31, 2024					Three Months Ended March 31, 2023
(in $000s, except per share data)	Net Income (loss)		Weighted Average Shares	Per Share Amount		Net Income		Weighted Average Shares	Per Share Amount
Basic earnings (loss) per share	$	(14,335)	240,364	$	(0.06)	$	13,800	246,049	$	0.06
Dilutive common share equivalents	—		—	—		—		1,004	—
Diluted earnings (loss) per share	$	(14,335)	240,364	$	(0.06)	$	13,800	247,053	$	0.06