Net loss per share for the year ended December 31, 2023, the three months ended March 31, 2024, and the years ended March 31, 2025 and 2026 are as follows (in thousands, except per share data):


	Year Ended December 31,		Three Months Ended March 31,		Year Ended March 31,
	2023		2024		2025		2026
Basic and diluted loss per share
Net loss attributable to common stockholders	$	(17,307)	$	(19,639)	$	(51,012)	$	(20,552)

Net loss per share attributable to common stockholders - basic and diluted	$	(0.49)	$	(0.55)	$	(0.43)	$	(0.15)

Weighted-average common share outstanding - basic and diluted	35,628		35,813		119,877		133,761

Basic loss per share is calculated by dividing net loss attributable to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution assuming common shares were issued upon the exercise of outstanding options and the proceeds thereof were used to purchase outstanding common shares. Dilutive potential common shares include outstanding stock options, warrants and restricted stock and performance share awards. We include participating securities (unvested share-based payment awards and equivalents that contain non-forfeitable rights to dividends or dividend equivalents) in the computation of earnings per share pursuant to the two-class method. The Company’s participating securities consist solely of preferred stock, which have contractual participation rights equivalent to those of stockholders of unrestricted common stock.