XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.26.1

Earnings per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2026
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Net Income Per Share of Common Stock | The following table sets forth the computation of basic and diluted net income (loss) per share of common stock:
|  | For the Three Months Ended June 30, |  |  | For the Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
|  | (in thousands) |
Net income |  | $ | 9,432 |  |  | $ | 20,098 |  |  | $ | 3,839 |  |  | $ | 7,426 |
Net income attributable to non-controlling interests |  |  | (3,317 | ) |  |  | — |  |  |  | (4,365 | ) |  |  | — |
Dividends on redeemable preferred stock |  |  | (1,433 | ) |  |  | (1,433 | ) |  |  | (2,851 | ) |  |  | (2,851 | )
Net income (loss) attributable to common stockholders |  | $ | 4,682 |  |  | $ | 18,665 |  |  | $ | (3,377 | ) |  | $ | 4,575 |
Adjustment for assumed settlement of APC RSUs and APC PSUs (1) |  |  | (6 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net income (loss) attributable to common stockholders — Diluted |  | $ | 4,676 |  |  | $ | 18,665 |  |  | $ | (3,377 | ) |  | $ | 4,575 |
Weighted average common shares outstanding — Basic |  |  | 112,186 |  |  |  | 114,012 |  |  |  | 111,760 |  |  |  | 114,945 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
RSUs and PSUs |  |  | 3,696 |  |  |  | 1,399 |  |  |  | — |  |  |  | 700 |
Weighted average common shares outstanding — Diluted |  |  | 115,882 |  |  |  | 115,411 |  |  |  | 111,760 |  |  |  | 115,645 |
Net income (loss) per share attributable to common stockholders — Basic |  | $ | 0.04 |  |  | $ | 0.16 |  |  | $ | (0.03 | ) |  | $ | 0.04 |
Net income (loss) per share attributable to common stockholders — Diluted |  | $ | 0.04 |  |  | $ | 0.16 |  |  | $ | (0.03 | ) |  | $ | 0.04 |
(1) The adjustment represents the increase in net income attributable to non-controlling interests resulting from the assumed settlement of dilutive APC RSUs and APC PSUs outstanding.
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income Per Share | The following potential shares of common stock have been excluded from the computation of diluted net income per share because their effect would have been antidilutive:
|  | As of June 30, |
|  | 2026 |  |  | 2025 |
|  | (in thousands) |
Stock options |  |  | 1,306 |  |  |  | 1,306 |
Series A redeemable preferred stock |  |  | 8,703 |  |  |  | 8,613 |
Public and Private warrants |  |  | — |  |  |  | 17,333 |
Ares warrants |  |  | — |  |  |  | 1,100 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration