Note 8—Net Loss per Common Share The following summarizes the calculation of net loss per common share attributable to common shareholders for the three months ended March 31, 2026 and 2025: | | | | | | | | | Three Months Ended | | | March 31, | (in thousands, except per share data) | | 2026 | | 2025 | Loss from continuing operations, net of tax | | $ | (6,468) | | $ | (3,810) | Loss from discontinued operations, net of tax | | | — | | | (21,172) | Net loss | | $ | (6,468) | | $ | (24,982) | | | | | | | | Weighted average shares outstanding - basic | | | 76,432 | | | 77,272 | Dilutive shares | | | — | | | — | Weighted average shares outstanding - diluted | | | 76,432 | | | 77,272 | | | | | | | | Basic loss per common share: | | | | | | | Loss from continuing operations, net of tax | | $ | (0.08) | | $ | (0.05) | Loss from discontinued operations, net of tax | | | — | | | (0.27) | Net loss | | $ | (0.08) | | $ | (0.32) | | | | | | | | Diluted loss per common share: | | | | | | | Loss from continuing operations, net of tax | | $ | (0.08) | | $ | (0.05) | Loss from discontinued operations, net of tax | | | — | | | (0.27) | Net loss | | $ | (0.08) | | $ | (0.32) |
Share-based awards for the three months ended March 31, 2026 and 2025 of approximately 1.3 million and 1.8 million were excluded from the calculation of diluted loss per common share as the effect would be anti-dilutive.
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