v3.26.3
Loss Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Loss Per Share

6. Loss Per Share

Basic loss per share is computed using the weighted-average number of outstanding shares of common stock during the period. Diluted loss per share is computed using the weighted-average number of outstanding shares of common stock and, when dilutive, potential shares of common stock outstanding during the period (“common stock equivalents”). Common stock equivalents consist of incremental shares issuable upon the assumed exercise of stock options and vesting of restricted stock units utilizing the treasury stock method.

The weighted-average diluted shares outstanding computation is:

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

(in thousands, except per share data)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Loss per share, basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(3,018

)

 

$

(1,153

)

 

$

(7,302

)

 

$

(3,968

)

Shares used in computation:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding

 

 

25,019

 

 

 

25,044

 

 

 

25,011

 

 

 

24,805

 

Weighted-average number of shares

 

 

25,019

 

 

 

25,044

 

 

 

25,011

 

 

 

24,805

 

Loss per share, basic and diluted

 

$

(0.12

)

 

$

(0.05

)

 

$

(0.29

)

 

$

(0.16

)

We excluded the effect of the below elements from our calculation of diluted loss per share, as their inclusion would have been anti-dilutive, as there were no earnings attributable to common shareholders:

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

(in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

Employee stock options, restricted stock units, and performance-based restricted stock units

 

 

1,463

 

 

 

2,253

 

 

 

1,463

 

 

 

2,253