The following table sets forth the computation of basic and diluted loss per share for the periods presented (in thousands, except per share amounts):
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For the Three Months Ended September 30, |
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For the Nine Months Ended September 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Numerator for loss per share: |
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Net loss |
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$ |
(11,532 |
) |
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$ |
(7,821 |
) |
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$ |
(26,958 |
) |
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$ |
(21,806 |
) |
Net loss attributable to redeemable noncontrolling interests in the OP |
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(46 |
) |
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(31 |
) |
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(107 |
) |
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(86 |
) |
Net loss attributable to common stockholders |
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$ |
(11,486 |
) |
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$ |
(7,790 |
) |
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$ |
(26,851 |
) |
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$ |
(21,720 |
) |
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Denominator for loss per share: |
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Weighted average common shares outstanding |
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25,550 |
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25,364 |
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25,489 |
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25,398 |
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Denominator for basic loss per share |
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25,550 |
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25,364 |
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25,489 |
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25,398 |
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Weighted average unvested restricted stock units |
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— |
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6 |
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— |
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147 |
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Denominator for diluted earnings (loss) per share |
(1) |
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25,550 |
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25,364 |
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25,489 |
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25,398 |
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Loss per weighted average common share: |
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Basic |
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$ |
(0.45 |
) |
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$ |
(0.31 |
) |
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$ |
(1.05 |
) |
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$ |
(0.86 |
) |
Diluted |
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$ |
(0.45 |
) |
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$ |
(0.31 |
) |
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$ |
(1.05 |
) |
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$ |
(0.86 |
) |
(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.
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