Basic net loss per common share is computed by dividing net loss available to common stockholders during the period by the weighted average number of common shares outstanding during that period. Diluted net loss per common share is impacted by equity instruments considered to be potential common shares, if dilutive, computed using the treasury stock or the if-converted method of accounting. Dilutive potential common share equivalents are excluded from the computation of net loss per share in loss periods, as their effect would be anti-dilutive.


	Three Months Ended March 31,
	2026			2025
Basic net loss per common share:
Numerator:
Net loss	$	(3,448	)	$	(4,789	)
Less: accretion of Series B preferred stock dividends		(211	)		(205	)
Net loss available to common stockholders	$	(3,659	)	$	(4,994	)

Denominator:
Weighted average common shares outstanding - basic and diluted		24,037			23,599
Net loss per common share - basic and diluted	$	(0.15	)	$	(0.21	)

The following common stock equivalents have been excluded from diluted net loss per share for the three months ended March 31, 2026 and 2025 because their inclusion would have been anti-dilutive (in thousands):


	Three Months Ended March 31,
	2026		2025
Shares of common stock subject to outstanding RSUs		667		862
Shares of common stock subject to outstanding PSUs		225		333
Shares of common stock subject to outstanding stock options		—		444
Shares of common stock issuable upon conversion of Series B preferred stock		7,127		6,919
Total		8,019		8,558