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Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE.
10.EARNINGS PER SHARE.

 

The following tables compute basic and diluted earnings per share (in thousands, except per share data):

  

   Three Months Ended June 30, 2025 
   Loss
Numerator
   Shares
Denominator
   Per-Share
Amount
 
Net loss  $(10,997)          
Less: Preferred stock dividends   (315)          
Basic and diluted loss per share:               
Loss attributable to common stockholders  $(11,312)   74,611   $(0.15)

 

   Six Months Ended June 30, 2025 
   Loss
Numerator
   Shares
Denominator
   Per-Share
Amount
 
Net loss  $(22,676)          
Less: Preferred stock dividends   (627)          
Basic and diluted loss per share:               
Loss attributable to common stockholders  $(23,303)   74,232   $(0.31)

 

   Three Months Ended June 30, 2024 
   Loss
  Numerator
   Shares
Denominator
   Per-Share
Amount
 
Net loss  $(3,106)          
Less: Preferred stock dividends   (316)          
Basic and diluted loss per share:               
Loss attributable to common stockholders  $(3,422)   73,486   $(0.05)

  

   Six Months Ended June 30, 2024 
   Loss
Numerator
   Shares
Denominator
   Per-Share
Amount
 
Net loss  $(14,831)          
Less: Preferred stock dividends   (631)          
Basic and diluted loss per share:               
Loss attributable to common stockholders  $(15,462)   73,126   $(0.21)

  

There were an additional aggregate potentially dilutive weighted-average shares of 981,000 from convertible securities outstanding for the three and six months ended June 30, 2025 and June 30, 2024. These securities were not considered in calculating diluted net income (loss) per share for the three and six months ended June 30, 2025 and 2024, as their effect would have been anti-dilutive.