XML 59 R44.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Earnings (Loss) Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted | The calculation of the basic and diluted earnings (loss) per share for the years ended December 31, 2024 and 2023 is as follows (in thousands):
|  |  | Years ended December 31, |
|  |  |  |  | 2024 |  | 2023 |
Numerator: |  |  |  |  |  |  |  |
Net income for basic earnings per share |  |  |  |  | $ | 10,498 |  |  | $ | 24,713 |  |
Adjustments to net income available to shareholders |  |  |  |  |  |  |  |
Paid-in-Kind interest expense on convertible notes payable and Contract Consideration Convertible Notes Payable |  |  |  |  | — |  |  | 2,284 |  |
Valuation gain on Contract Consideration Convertible Notes Payable carried at fair value |  |  |  |  | — |  |  | (29,969) |  |
Adjusted net income (loss) for diluted earnings per share |  |  |  |  | $ | 10,498 |  |  | $ | (2,972) |  |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average shares outstanding |  |  |  |  | 29,534 |  |  | 24,830 |  |
Dilutive effect of convertible notes payable |  |  |  |  | — |  |  | 3,547 |  |
Dilutive effect of the June 2022 warrants |  |  |  |  | 1,210 |  |  | — |  |
Dilutive effect of stock options and restricted shares |  |  |  |  | 145 |  |  | — |  |
Diluted weighted average shares outstanding |  |  |  |  | 30,889 |  |  | 28,377 |  |
Basic earnings per share |  |  |  |  | $ | 0.36 |  |  | $ | 1.00 |  |
Diluted earnings (loss) per share |  |  |  |  | $ | 0.34 |  |  | $ | (0.10) |  |
Anti-dilutive incremental shares excluded from denominator for diluted earnings computation |
Average number of diluted shares for June 2022 warrants (1) |  |  |  |  | — |  |  | 1,251 |  |
Average number of diluted shares for options and restricted stock (1) |  |  |  |  | — |  |  | 94 |  |
(1) These items were not included in the dilution calculation for the year ended December 31, 2023 due to their anti-dilutive effect as it would reduce the loss per share.

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 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