XML 32 R21.htm IDEA: XBRL DOCUMENT v3.25.1
NET INCOME (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE
Potentially dilutive securities, warrants, common stock options, RSUs and SARs have been excluded from the calculation of diluted net income (loss) per share as their effects would be anti-dilutive. For periods in which the Company reports a net loss, the weighted average number of shares outstanding used to calculate both basic and diluted net loss per share were the same except for the three months ended March 31, 2025, as the Company had net income for that period. The shares in the table below were excluded from the calculation of diluted net income (loss) per share, prior to the use of the treasury stock method, due to their anti-dilutive effect:
 Three Months Ended March 31,
 20252024
Warrants2,848,259 3,076,923 
Outstanding common stock options 16,338,423 16,242,463 
Unvested RSUs4,877,428 6,067,233 
Unvested PSUs350,500 — 
Stock appreciation rights273,077 635,313 
Total24,687,687 26,021,932 
(1)    The Company granted the Underwriters a 30-day option to purchase up to 3,750,000 additional shares of common stock at the public offering price per share. These shares are excluded from this table. See Note 13, Capital Stock, for more information.