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Earnings Per Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 18 — EAR NINGS PER SHARE Basic earnings per share ("EPS") is calculated by dividing net income by the weighted-average number of common shares outstanding during the period and includes vested, unissued RSUs, PSUs, and ESPP shares. Diluted EPS is calculated by dividing net income by the weighted-average number of common shares outstanding, after giving effect to all potential dilutive common shares outstanding during the period. We include all common share equivalents granted under our stock-based compensation plan, including ESPP, which remain unvested, and shares used as consideration in the Ault acquisition which remain unissued ("dilutive securities"), in the number of shares outstanding for our diluted EPS calculations using the treasury method. Basic and diluted EPS were calculated as follows:
| Year Ended December 31, |
| 2024 |  |  | 2023 |  |  | 2022 |
Basic net (loss) income per share |  |  |  |  |  |  |  |
Net (loss) income available to common stockholders | $ | (65.1 | ) |  | $ | 5.9 |  |  | $ | 6.3 |
Basic weighted average common shares outstanding |  | 33,179,598 |  |  |  | 32,447,754 |  |  |  | 32,099,247 |
Basic net (loss) income per share of common stock | $ | (1.96 | ) |  | $ | 0.18 |  |  | $ | 0.20 |
Diluted (loss) income per share |  |  |  |  |  |  |  |
Net (loss) income available to common stockholders | $ | (65.1 | ) |  | $ | 5.9 |  |  | $ | 6.3 |
Basic weighted average common shares outstanding |  | 33,179,598 |  |  |  | 32,447,754 |  |  |  | 32,099,247 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Effect of dilutive securities |  | — |  |  |  | 429,753 |  |  |  | 202,416 |
Diluted weighted average common shares outstanding |  | 33,179,598 |  |  |  | 32,877,507 |  |  |  | 32,301,663 |
Diluted net (loss) income per share of common stock | $ | (1.96 | ) |  | $ | 0.18 |  |  | $ | 0.20 |
A pproximately 918,000 securities were excluded from the calculation of diluted loss per share for the year ended December 31, 2024, because the inclusion of such securities in the calculation would have been anti-dilutive.

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