v3.25.3
INCOME (LOSS) PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2025
LOSS PER COMMON SHARE  
Schedule of computation of basic and diluted loss per common share

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2025

    

2024

    

2025

    

2024

(in thousands, except for per-share data)

Net loss from continuing operations

$

(3,763)

$

(3,585)

$

(10,333)

$

(11,248)

Net income (loss) from discontinued operations

9,252

(172)

8,087

640

Net income (loss)

5,489

(3,757)

(2,246)

(10,608)

Deemed dividends

(3,677)

(7,711)

Net income (loss) available to common shareholders

$

5,489

$

(7,434)

$

(2,246)

$

(18,319)

Weighted average common shares outstanding - Basic

3,541,337

4,223

1,301,656

2,617

Dilutive effect of outstanding warrants, options and RSUs (1)

6,476,494

2,959

2,138,206

2,053

Dilutive effect of series A convertible preferred shares

1,870,657

-

630,405

-

Denominator for diluted EPS

11,888,488

7,182

4,070,266

4,670

Basic loss per common share from continuing operations

$

(1.06)

$

(848.84)

$

(7.94)

$

(4,297.69)

Basic income (loss) per common share from discontinued operations

2.61

(40.77)

6.21

244.44

Basic loss per common share from deemed dividends

(870.65)

(2,946.25)

Basic income (loss) per common share

$

1.55

$

(1,760.26)

$

(1.73)

$

(6,999.50)

Diluted loss per common share from continuing operations

$

(1.06)

$

(848.84)

$

(7.94)

$

(4,297.69)

Diluted income (loss) per common share from discontinued operations

0.78

(40.77)

1.99

137.00

Diluted loss per common share from deemed dividends

(870.65)

(2,946.25)

Diluted income (loss) per common share

$

(0.28)

$

(1,760.26)

$

(5.95)

$

(7,106.94)

Anti-dilutive shares are as follows as of September 30:

Warrants (excluding pre-funded)

11,422,790

1,119,424

11,422,790

1,119,424

Options

25,861

2

25,861

2

Restricted stock units

8,624

51

8,624

51

11,457,275

1,119,477

11,457,275

1,119,477

(1)See Note 10 “Capital Raise and Warrant for Common Stock” for description of Zero Exercise Price warrants