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Earnings (Loss) per Share (Tables) | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Earnings (Loss) Per Share | Basic and diluted earnings (loss) per share are calculated as follows:
|  | Three Months Ended March 31, |  |
(in thousands, except share and per share data) |  | 2025 |  | 2024 |  |  |  |
Net income (loss) |  | $ | 9,767 |  |  | $ | (26,439) |  |  |  |  |
Net income (loss) attributable to common stockholders |  | $ | 9,767 |  |  | $ | (26,439) |  |  |  |  |
Basic weighted-average common shares outstanding(1) |  | 45,496,705 |  |  | 38,900,876 |  |  |  |  |
Weighted average effect of dilutive securities: |  |  |  |  |  |  |  |
Stock options |  | — |  |  | — |  |  |  |  |
Restricted stock units |  | 1,541,094 |  |  | — |  |  |  |  |
Diluted weighted-average common shares outstanding |  | 47,037,799 |  |  | 38,900,876 |  |  |  |  |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.21 |  |  | $ | (0.68) |  |  |  |  |
Diluted |  | $ | 0.21 |  |  | $ | (0.68) |  |  |  |  |
(1) The fair value of the warrants issued with an exercise price of $0.01 are included in the Basic weighted-average common shares outstanding. See Note 10, Stockholders' Equity for additional information.
Schedule of Antidilutive Securities Excluded from Calculation of Diluted Weighted-Average Common Shares Outstanding | The following common share equivalent securities have been excluded from the calculation of diluted weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented:
|  | Three Months Ended March 31, |  |
|  | 2025 |  | 2024 |  |  |  |
Stock options |  | 1,836,305 |  |  | 2,543,871 |  |  |  |  |
Restricted stock units |  | 1,255,802 |  |  | 3,626,101 |  |  |  |  |
Total anti-dilutive common share equivalents |  | 3,092,107 |  |  | 6,169,972 |  |  |  |  |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- 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
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