9. EARNINGS PER SHARE The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive loss per share computation for the three months ended March 31, 2025 and 2024:
| | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | 2025 | | 2024 | | | | | | Net loss | $ | (9,377) | | | $ | (8,837) | | | | | | | Weighted average shares outstanding, basic | 59,441 | | | 61,499 | | | | | | Effect of dilutive outstanding restricted stock units and stock options | — | | | — | | | | | | | Adjusted weighted average shares outstanding, dilutive | 59,441 | | | 61,499 | | | | | | | Basic loss per share | $ | (0.16) | | | $ | (0.14) | | | | | | | Dilutive loss per share | $ | (0.16) | | | $ | (0.14) | | | | | |
Diluted loss per share calculations for the three months ended March 31, 2025 excluded 1.4 million non-vested restricted stock units and 17 thousand shares of common stock issuable upon exercise of stock options that would have been anti-dilutive. Diluted loss per share calculations for the three months ended March 31, 2024 excluded 0.9 million non-vested restricted stock units and 0.6 million shares of common stock issuable upon exercise of stock options that would have been anti-dilutive.
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