(Loss)/Earnings Per Share

12 Months Ended

Dec. 31, 2025

(Loss)/Earnings Per Share [Abstract]

(LOSS)/EARNINGS PER SHARE

18.

(LOSS)/EARNINGS PER SHARE

Basic and diluted earnings per share for the periods presented were calculated as follows:

		Year Ended December 31,
		2025				2024				2023

*Numerator:*
Net (loss)/income attributable to the Company’s ordinary shareholders (dollars in thousand)
Basic			(31,252	)			53,963				10,495
Diluted			(31,252	)			53,963				10,495

*Denominator:*
Net (loss)/income per share ($):
Basic			(0.19	)			0.34				0.07
Diluted			(0.18	)			0.33				0.07

*Weighted-average shares of ordinary share used to compute net income per share:*
Basic			164,334,429				160,988,011				150,000,000
Diluted			169,684,142				165,500,289				150,000,000

Net (loss)/income per ordinary share is calculated in accordance with ASC 260 - Earnings Per Share. Basic (loss)/income per ordinary share is computed by dividing net (loss)/income by the weighted average number of ordinary shares outstanding during the period. The computation of diluted net (loss)/income per share include the ordinary shares which will be converted from the Warrants.