Net Loss Per Common Share |
Net Loss Per Common ShareThe 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:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
(In thousands, except per share amounts) |
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2022 |
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2021 |
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2022 |
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2021 |
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Numerator: |
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Net loss |
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$ |
(4,318) |
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$ |
(7,141) |
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$ |
(23,533) |
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$ |
(21,699) |
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Denominator: |
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Weighted-average common shares outstanding (Basic) |
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42,220,519 |
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41,467,596 |
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42,008,013 |
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41,087,568 |
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Weighted-average common shares outstanding (Diluted) |
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42,220,519 |
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41,467,596 |
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42,008,013 |
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41,087,568 |
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Net loss per common share (Basic and Diluted) |
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$ |
(0.10) |
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$ |
(0.17) |
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$ |
(0.56) |
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$ |
(0.53) |
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Anti-dilutive shares excluded from the calculation of diluted earnings per share (1)
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Stock options |
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3,132,722 |
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1,471,539 |
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3,083,519 |
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1,308,191 |
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Restricted stock units |
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441,866 |
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542,074 |
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498,966 |
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359,895 |
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(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.
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