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Net Income (Loss) Per Share of Common Stock
3 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share of Common Stock Net Income (Loss) Per Share of Common Stock
Basic net income (loss) per common share is calculated by dividing the net income (loss) attributable to common stockholders by the weighted-average number of common shares outstanding during the period, without consideration for potentially dilutive securities. For purposes of the diluted net income (loss) per share calculation, stock options, restricted stock units and awards are considered to be potentially dilutive securities. Diluted earnings per share is computed using the treasury stock method.
The following table reconciles net income (loss) and weighted-average common shares used to compute basic and diluted net income (loss) per share:
 Three months ended June 30,
 20252024
Net income (loss):$25,180$(15,524)
Weighted-average common shares:
Basic weighted-average shares18,621,70118,486,964
Add: dilutive effect of stock options and restricted stock units82,430
Diluted weighted-average common shares18,704,13118,486,964
For the three months ended June 30, 2025, there were 1,898,083 stock options and restricted stock units outstanding, excluded from the calculation of diluted weighted-average shares because the effect was anti-dilutive. For the three months ended June 30, 2024, there were 215,423 potentially dilutive stock options and restricted stock units outstanding, excluded from the calculation of diluted weighted-average shares as the effect was anti-dilutive because the Company reported a net loss.