9. EARNINGS (LOSS) PER SHARE The table below reconciles basic and diluted loss per share of common stock: | | | | | | | | | | | | | (In thousands) | | Three Months Ended | | Nine Months Ended | | | September 30, | | September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Numerator: | | | | | | | | | | | | | Net loss ─ basic | | $ | (8,649) | | $ | (7,678) | | $ | (25,493) | | $ | (27,826) | Net loss ─ diluted | | $ | (8,649) | | $ | (7,678) | | $ | (25,493) | | $ | (27,826) | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | Weighted-average common shares ─ basic | | | 36,643 | | | 36,111 | | | 36,417 | | | 36,000 | Potential dilution from share-based awards | | | — | | | — | | | — | | | — | Weighted-average common and common share equivalents ─ diluted | | | 36,643 | | | 36,111 | | | 36,417 | | | 36,000 | Anti-dilutive share-based awards excluded from the calculation of diluted loss per share | | | 3,472 | | | 3,371 | | | 3,447 | | | 3,290 |
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