Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

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EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares outstanding during the period. For periods in which the Company reports net income, diluted net income per share is determined by using the weighted average number of common and dilutive common equivalent shares outstanding during the period, unless the effect is antidilutive.

The shares used to compute loss per share were as follows (in thousands):

Three months ended Nine months ended
September 30,
2024
September 30,
2023
September 30,
2024
September 30,
2023
Weighted average shares outstanding - basic 380,599  373,081  378,449  359,156 
Potential dilutive common shares —  —  —  — 
Weighted average shares outstanding - diluted 380,599  373,081  378,449  359,156