v3.26.1
Net Loss Per Share
6 Months Ended
Jun. 30, 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
June 30,
    Six Months Ended
June 30,
 
    2026     2025     2026     2025  
    (In thousands, except unit
amounts and per unit data)
    (In thousands, except unit
amounts and per unit data)
 
Net loss per share            
Numerator                        
Net loss   $ (1,380 )   $ (1,008 )   $ (3,924 )   $ (6,060 )
Numerator for basic and diluted net loss per share   $ (1,380 )   $ (1,008 )   $ (3,924 )   $ (6,060 )
                                 
Denominator                                
Weighted average common shares outstanding     48,278,370       44,670,601       47,751,775       44,505,697  
Denominator for basic and diluted net loss per share     48,278,370       44,670,601       47,751,775       44,505,697  
                                 
Net loss per share:                                
Basic and diluted   $ (0.03 )   $ (0.02 )   $ (0.08 )   $ (0.14 )

 

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
June 30,
    Six Months Ended
June 30,
 
    2026     2025     2026     2025  
Performance-based awards           398,469             398,469  
Non-vested restricted stock units     4,186,139       2,620,607       4,186,139       2,620,607  
Total potentially dilutive securities     4,186,139       3,019,076       4,186,139       3,019,076