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Note 2 - Earnings (Loss) per Share
 3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

2.

Earnings (Loss) per Share

 

Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the periods presented. The computation of diluted earnings (loss) per share is similar to the computation of basic earnings per share, except that the denominator is increased for the assumed exercise of dilutive options and other potentially dilutive securities using the treasury stock method unless the effect is antidilutive. The following table summarizes the calculation of basic and diluted net loss per share of common stock:

 

   

Three Months Ended March 31,

  

(in thousands, except per share data)

  

2025

    

2024

  

Net loss

   $ (50,340 )   $ (4,694 )

Weighted average shares outstanding - basic

     44,096       43,402  

Dilutive effect of equity awards

     -       -  

Weighted average shares outstanding - diluted

     44,096       43,402  

Basic loss per share

   $ (1.14 )   $ (0.11 )

Diluted loss per share

   $ (1.14 )   $ (0.11 )

Shares excluded from diluted loss per share

  

due to their anti-dilutive effect

     2,616       3,207