v3.26.1
Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share for the periods presented (in thousands, except per share amounts):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator for loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(8,645

)

 

$

(7,061

)

 

$

(15,426

)

 

$

(13,985

)

Net loss attributable to redeemable noncontrolling interests in the OP

 

 

(34

)

 

 

(28

)

 

 

(61

)

 

 

(55

)

Net loss attributable to common stockholders

 

$

(8,611

)

 

$

(7,033

)

 

$

(15,365

)

 

$

(13,930

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

25,517

 

 

 

25,384

 

 

 

25,458

 

 

 

25,416

 

Denominator for basic loss per share

 

 

25,517

 

 

 

25,384

 

 

 

25,458

 

 

 

25,416

 

Weighted average unvested restricted stock units

 

 

 

 

 

20

 

 

 

33

 

 

 

124

 

Denominator for diluted earnings (loss) per share

(1)

 

25,517

 

 

 

25,384

 

 

 

25,458

 

 

 

25,416

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss per weighted average common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.34

)

 

$

(0.28

)

 

$

(0.60

)

 

$

(0.55

)

Diluted

 

$

(0.34

)

 

$

(0.28

)

 

$

(0.60

)

 

$

(0.55

)

 

(1)
If the Company sustains a net loss for the period presented, unvested restricted stock units are not included in the diluted loss per share calculation.