v3.26.1
BASIC AND DILUTED LOSS PER SHARE
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
BASIC AND DILUTED LOSS PER SHARE

 

6. BASIC AND DILUTED LOSS PER SHARE

 

Basic net loss per share is calculated by dividing the net loss by the weighted-average number of shares outstanding for the period. Diluted net loss per share is computed by dividing the net loss attributable to common stockholders by the sum of the weighted average number of shares of common stock outstanding and the dilutive common stock equivalent shares outstanding during the period. The Company’s potentially dilutive common stock equivalent shares, which include incremental common shares issuable upon (i) the exercise of outstanding stock options and (ii) vesting of restricted stock units and (iii) restricted stock awards, are only included in the calculation of diluted net loss per share when their effect is dilutive. Since the Company has had net losses for all periods presented, all potentially dilutive securities are anti-dilutive. Accordingly, basic and diluted net loss per share are equal.

 

The following potential common stock equivalents were not included in the calculation of diluted net loss per common share because the inclusion thereof would be anti-dilutive (in thousands):

        
  

Three Months Ended

March 31,

 
   2026   2025 
Stock Options   3,586    3,582 
Unvested restricted stock awards   185    423 
Unvested restricted stock units   1,191    583 
Total   4,962    4,588