XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.26.1

Net Loss Per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2026
Net Loss Per Share [Abstract] |
Schedule of Basic and Diluted Net Loss Per Share | The components of basic and diluted net income (loss) per share were as follows:
|  | Three months ended March 31, |
(In thousands, except share and per share data) |  | 2026 |  |  | 2025 |
Numerator: |  |  |  |  |  |
Net income (loss) from continuing operations |  | $ | 19,922 |  |  | $ | (3,274 | )
Net income from discontinued operations |  |  | — |  |  |  | 1,648 |
Minus: net income allocated to participating warrants |  |  | (16,641 | ) |  |  | — |
Numerator for basic EPS - Net income (loss) available for common shareholders |  | $ | 3,281 |  |  | $ | (1,626 | )
Effect of dilutive securities |  |  |  |  |  |  |  |
Interest expense on Convertible Notes - from continuing operations |  | $ | 1,480 |  |  | $ | — |
Reallocation of net income to participating warrants |  |  | 2,214 |  |  |  | — |
Numerator for diluted EPS - Net income (loss) available for common shareholders |  | $ | 6,975 |  |  | $ | (1,626 | )
Denominator: |  |  |  |  |  |  |  |
Denominator for basic EPS - Weighted-average common shares outstanding |  |  | 2,149,128 |  |  |  | 1,952,022 |
Effect of dilutive securities |  |  |  |  |  |  |  |
Unvested restricted stock units |  |  | 126,750 |  |  |  | — |
Conversion of Convertible Notes |  |  | 2,971,433 |  |  |  | — |
Denominator for diluted EPS - adjusted weighted-average common stock outstanding |  |  | 5,247,311 |  |  |  | 1,952,022 |
Basic net income (loss) per share attributable to common shareholders |  | $ | 1.53 |  |  | $ | (0.83 | )
Diluted net income (loss) per share attributable to common shareholders |  | $ | 1.33 |  |  | $ | (0.83 | )
Schedule of Anti-Dilutive Shares | The Company excluded the following potential common stock equivalents, based on amounts outstanding at each period end, from the computation of diluted earnings (loss) per share attributable to common stockholders for the periods presented because their inclusion would have been antidilutive. In addition, the Company’s pre-funded warrants are considered participating securities and are reflected through the application of the two-class method; accordingly, they are not included in the diluted earnings per share denominator in periods in which the two-class method results in the most dilutive outcome.
|  | Three months ended March 31, |
|  | 2026 |  |  | 2025 |
Shares subject to outstanding warrants |  |  | 11,034,325 |  |  |  | 7,576,573 |
Shares subject to unvested restricted stock units |  |  | — |  |  |  | 102,132 |
Shares subject to outstanding stock options |  |  | 75 |  |  |  | 90 |
|  |  | 11,034,400 |  |  |  | 7,678,795 |

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