We compute basic net loss per share using the weighted average number of shares of common stock outstanding plus the number of common stock equivalents for DSUs issued during the period. We compute diluted net income (loss) per share using the weighted average number of shares of common stock outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods where losses are reported, the weighted average number of shares of common stock outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. Dilutive potential common shares consist of the incremental common shares issuable upon the exercise of outstanding stock options and warrants and vesting of RSUs. The dilutive effect of outstanding stock options, warrants, and RSUs is reflected in diluted earnings per share by application of the treasury stock method.

The computation of basic and diluted net loss per share attributable to common stockholders is as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
	2026			2025
	(Unaudited)
Numerator:
Net loss applicable to common stockholders	$	(2,318	)	$	(10,406	)
Denominator:
Weighted average common shares outstanding, basic		21,197			20,859
Effect of dilutive common shares		—			—
Weighted average common shares outstanding, diluted		21,197			20,859
Net loss per share:
Basic	$	(0.11	)	$	(0.50	)
Diluted	$	(0.11	)	$	(0.50	)

Anti-dilutive securities excluded from diluted net loss per share		1,285			666