Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Loss per Common Share

v3.24.0.1
Basic and Diluted Loss per Common Share
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Basic and Diluted Loss per Common Share Basic and Diluted 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) 2023 2022 2021
Numerator:
Net loss $ (21,716) $ (28,948) $ (26,985)
Denominator:
Weighted-average common shares outstanding (Basic) 42,878,543  42,083,125  41,214,889 
Weighted-average common shares outstanding (Diluted) 42,878,543  42,083,125  41,214,889 
Net loss per common share (Basic and Diluted) $ (0.51) $ (0.69) $ (0.65)
Anti-dilutive shares excluded from the calculation of diluted earnings per share (1)
Stock options 4,404,765  3,133,865  1,364,567 
Restricted stock units 386,402  454,430  333,276 
(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.