Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2024

Note 11: 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 net 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 18.8 million, 28.7 million, and 26.7 million for years ended December 31, 2024, 2023 and 2022, respectively, were not included in the computation of diluted earnings (loss) per share because they would not be issuable if the end of the reporting period were the end of the contingency period or they would be anti-dilutive.

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


	Year Ended December 31, 2024					Year Ended December 31, 2023					Year Ended December 31, 2022
(in $000s, except per share data)	Net Income (Loss)		Weighted Average Shares	Per Share Amount		Net Income (Loss)		Weighted Average Shares	Per Share Amount		Net Income (Loss)		Weighted Average Shares	Per Share Amount
Basic earnings (loss) per share	$	(28,655)	236,975	$	(0.12)	$	50,712	245,093	$	0.21	$	38,905	247,152	$	0.16
Dilutive common share equivalents	—		—			—		633			—		553
Diluted earnings (loss) per share	$	(28,655)	236,975	$	(0.12)	$	50,712	245,726	$	0.21	$	38,905	247,705	$	0.16