v3.26.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2026
Net Loss Per Share [Abstract]  
Net Loss Per Share

7. Net Loss Per Share

 

Basic net loss per share is computed using the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per unit is computed using the weighted-average number of shares of common stock and, if dilutive, common stock equivalents outstanding during the period.

 

The following table presents the calculation of basic and diluted net loss per share:

 

    Three Months Ended
March 31,
 
    2026     2025  
    (In thousands, except unit amounts and per unit data)  
Net loss per share            
Numerator            
Net loss   $ (2,544 )   $ (5,052 )
Numerator for basic and diluted net loss per share   $ (2,544 )   $ (5,052 )
                 
Denominator                
Weighted average common shares outstanding     47,219,329       44,338,960  
Denominator for basic and diluted net loss per share     47,219,329       44,338,960  
Net loss per share:                
Basic and diluted   $ (0.05 )   $ (0.11 )

 

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:

 

    Three Months Ended
March 31,
 
    2026     2025  
Performance-based awards           398,469  
Non-vested restricted stock units     4,186,139       2,620,607  
Total potentially dilutive securities     4,186,139       3,019,076