Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE (Tables)

v3.26.1
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted
The following is a reconciliation of the numerator and denominator for the computation of basic and diluted loss per share:
Three Months Ended March 31,
(In thousands, except per share data)
2026
 2025
Numerator:
Net loss attributable to common shareholders
$
(18,283)
$
(5,483)
Adjustment for accretion of tax equity financing fees
(46)
(27)
Loss attributable to common shareholders
$
(18,329)
$
(5,510)
Denominator:
Basic and diluted weighted-average shares outstanding
52,886 
52,544 
Net Loss per share attributable to common shareholders:
Basic and diluted
$
(0.35)
$
(0.10)
Potentially dilutive shares (1)
2,825 
2,946 
(1) Dilutive securities and potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.