Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.26.3
Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The table below presents the computation of basic and diluted EPS:
Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 2026 2025
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ 28,902  $ (45,485) $ (14,475) $ (121,784)
Denominator:
Weighted average common shares outstanding—basic 90,816  87,186  89,497  86,368 
Dilutive common stock equivalents 6,898  —  —  — 
Weighted average common shares outstanding—diluted 97,714  87,186  89,497  86,368 
Net income (loss) per share:
Basic $ 0.32  $ (0.52) $ (0.16) $ (1.41)
Diluted $ 0.30  $ (0.52) $ (0.16) $ (1.41)