Three Months Ended

(in thousands, except share and per share data)

March 31,

 

2026

 

2025

Numerator:

Net loss from continuing operations

$

(7,894)

$

(1,887)

Income (loss) from discontinued operations

425

(2,046)

Net loss

(7,469)

(3,933)

Less: dilutive gain on revaluation of warrant liability

—

(5,201)

Net loss for diluted earnings per share

$

(7,469)

$

(9,134)

Denominator:

Weighted average number of common shares - basic

42,998,504

38,616,207

Effect of dilutive common and prefunded warrants

—

4,296,904

Weighted average number of common shares - diluted

42,998,504

42,913,111

Net loss from continuing operations per share - basic

$

(0.18)

$

(0.05)

Net loss from continuing operations per share - diluted

$

(0.18)

$

(0.17)

Net income (loss) from discontinued operations per share - basic

$

0.01

$

(0.05)

Net income (loss) from discontinued operations per share - diluted

$

0.01

$

(0.05)

Net loss per share - basic

$

(0.17)

$

(0.10)

Net loss per share - diluted

$

(0.17)

$

(0.21)