v3.26.1
Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

The following tables reconcile actual basic and diluted earnings per share for the three months ended March 31, 2026 and 2025:

 

 

 

Three Months Ended

 

 

 

 

 

 

 

 

 

 

March 31, 2026

 

 

March 31, 2025

 

(in thousands, except per share data)

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(1,300

)

 

$

(3,231

)

Denominator:

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

Basic

 

 

181,032,929

 

 

 

175,974,990

 

Diluted

 

 

181,032,929

 

 

 

175,974,990

 

Net loss per common share

 

 

 

 

 

 

Basic

 

$

(0.01

)

 

$

(0.02

)

Diluted

 

$

(0.01

)

 

$

(0.02

)

 

Schedule of Anti Dilutive Securities Excluded from the Weighted-average Shares

The anti-dilutive securities excluded from the weighted-average shares used to calculate the diluted net loss per common share for the three months ended March 31, 2026 and 2025 were as follows:

 

 

 

March 31, 2026

 

 

March 31, 2025

 

 

 

 

 

 

 

 

Shares unvested and subject to exercise of stock options

 

 

10,660,733

 

 

 

10,576,983

 

Shares subject to exercise of warrants

 

 

175,000

 

 

 

5,456,200