Net Loss Per Common Share |
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 September 30, |
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Nine Months Ended September 30, |
(In thousands, except per share amounts) |
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2024 |
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2023 |
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2024 |
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2023 |
Numerator: |
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Net loss |
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$ |
(1,858) |
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$ |
(4,089) |
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$ |
(10,414) |
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$ |
(17,823) |
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Denominator: |
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Weighted-average common shares outstanding (Basic) |
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43,882,110 |
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43,022,328 |
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43,610,481 |
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42,821,284 |
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Weighted-average common shares outstanding (Diluted) |
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43,882,110 |
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43,022,328 |
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43,610,481 |
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42,821,284 |
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Net loss per common share (Basic and Diluted) |
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$ |
(0.04) |
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$ |
(0.10) |
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$ |
(0.24) |
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$ |
(0.42) |
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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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1,678,775 |
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4,552,919 |
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3,077,373 |
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4,321,696 |
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Restricted stock units |
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319,136 |
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1,391,717 |
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513,975 |
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373,794 |
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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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