Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.23.2
Net Loss Per Common Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Loss Per Common Share Net Loss Per Common Share
The following reflects the net loss attributable to common shareholders and share data used in the basic and diluted earnings per share computations using the two-class method:
Three Months Ended June 30, Six Months Ended June 30,
(In thousands, except per share amounts) 2023 2022 2023 2022
Numerator:
Net loss $ (6,660) $ (7,740) $ (13,734) $ (19,215)
Denominator:
Weighted-average common shares outstanding (Basic) 42,862,384  41,994,618  42,719,096  41,900,000 
Weighted-average common shares outstanding (Diluted) 42,862,384  41,994,618  42,719,096  41,900,000 
Net loss per common share (Basic and Diluted) $ (0.16) $ (0.18) $ (0.32) $ (0.46)
Anti-dilutive shares excluded from the calculation of diluted earnings per share (1)
Stock options 3,957,156  3,796,254  3,679,109  3,377,594 
Restricted stock units 251,112  591,824  343,089  574,431 
(1) These common equivalent shares are not included in the diluted per share calculations as they would be anti-dilutive if the Company was in a net income position.