Annual report [Section 13 and 15(d), not S-K Item 405]

Basic and Diluted Loss Per Common Share (Tables)

v3.25.4
Basic and Diluted Loss Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of 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 for the periods presented:
Years Ended December 31,
(in thousands, except share and per share amounts) 2025 2024 2023
Numerator:
Net loss $ (15,703) $ (9,964) $ (21,716)
Denominator:
Weighted average common shares outstanding — basic and diluted 46,050,266  44,257,754  42,878,543 
Net loss per common share — basic and diluted $ (0.34) $ (0.23) $ (0.51)
Anti-dilutive shares excluded from the calculation of diluted earnings per share (1)
Stock options 1,157,870  167,570  3,929 
Restricted and performance stock units 2,604,050  1,770,253  733,012 
__________
(1)These common equivalent shares are not included in the diluted per share calculations as they would be dilutive if the Company was in a net income position.