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:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
(In thousands, except per share amounts) |
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2023 |
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2022 |
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2023 |
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2022 |
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Numerator: |
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Net loss |
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$ |
(6,660) |
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$ |
(7,740) |
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$ |
(13,734) |
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$ |
(19,215) |
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Denominator: |
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Weighted-average common shares outstanding (Basic) |
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42,862,384 |
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41,994,618 |
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42,719,096 |
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41,900,000 |
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Weighted-average common shares outstanding (Diluted) |
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42,862,384 |
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41,994,618 |
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42,719,096 |
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41,900,000 |
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Net loss per common share (Basic and Diluted) |
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$ |
(0.16) |
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$ |
(0.18) |
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$ |
(0.32) |
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$ |
(0.46) |
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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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3,957,156 |
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3,796,254 |
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3,679,109 |
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3,377,594 |
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Restricted stock units |
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251,112 |
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591,824 |
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343,089 |
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574,431 |
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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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