Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Loss per Common Share (Tables)

v3.22.4
Basic and Diluted Loss per Common Share (Tables)
 12 Months Ended
Dec. 31, 2022
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 as of:
December 31,
(in thousands, except per share amounts) 2022 2021 2020
Numerator:
Net loss $ (28,948) $ (26,985) $ (23,786)
Denominator:
Weighted-average common shares outstanding (Basic) 42,083,125  41,214,889  39,966,937 
Weighted-average common shares outstanding (Diluted) 42,083,125  41,214,889  39,966,937 
Net loss per common share (Basic and Diluted) $ (0.69) $ (0.65) $ (0.60)
Anti-dilutive shares excluded from the calculation of diluted earnings per share (1)
Stock options 3,133,865  1,364,567  1,618,002 
Restricted stock units 454,430  333,276  188,321 
(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.