v3.26.1
NET LOSS PER SHARE OF COMMON STOCK
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE OF COMMON STOCK

NOTE 15 - NET LOSS PER SHARE OF COMMON STOCK

 

Basic and diluted net loss per share of Common Stock (“EPS”) is computed by dividing (i) net loss (the “Numerator”), by (ii) the weighted average number of shares of Common Stock outstanding during the period (the “Denominator”).

 

The calculation of diluted EPS is also required to include the dilutive effect, if any, of stock options, unvested restricted stock awards, convertible debt and Preferred Stock, and other Common Stock equivalents computed using the treasury stock method, in order to compute the weighted average number of shares outstanding. As of March 31, 2026 and 2025, all Common Stock equivalents were antidilutive.

 

Presented below are the calculations of the Numerators and the Denominators for basic and diluted EPS (dollars in thousands, except per share amounts):

 

       
   Three Months Ended March 31, 
   2026   2025 
Calculation of Numerator:          
Net loss  $(7,751)   (3,864)
           
Loss applicable to common stockholders  $(7,682)  $(3,864)
           
Calculation of Denominator:          
Weighted average number of shares of Common Stock outstanding   14,634,115    8,595,288 
           
Net loss per share of Common Stock (basic and diluted)  $(0.52)  $(0.45)

 

As of March 31, 2026 and 2025, the following potential Common Stock equivalents were excluded from the computation of diluted net loss per share of Common Stock since the impact of inclusion was antidilutive (in thousands):

 

       
   Three Months Ended March 31, 
   2026   2025 
 
Common stock warrants   17,900    9,658 
Common stock options and RSU’s   1,218    1,238 
Total   19,118    10,896