Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE

v3.25.1
EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2025
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
March 31,
2025
March 31,
2024
Weighted average shares outstanding - basic 382,557  375,211 
Potential dilutive common shares —  — 
Weighted average shares outstanding - diluted 382,557  375,211