v3.26.3
Net Loss per Share
9 Months Ended
Sep. 30, 2026
Net Loss per Share  
Net Loss per Share

NOTE 8 - Net Loss per Share

Basic loss per common share is computed by dividing loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per common share is computed similarly except that weighted average common shares are increased to reflect all dilutive instruments, including employee and director stock awards and warrants. Dilutive securities are excluded from the calculation of diluted weighted average common shares outstanding if their effect would be anti-dilutive based on the treasury stock method or due to a net loss from operations.

The following table presents the weighted average dilutive shares outstanding during each period which include shares from warrants and stock options with average prices of common stock exceeding exercise prices as well as RSUs and PSUs. However, the shares from these securities were excluded from the diluted loss per share calculation, because the Company incurred net losses and the effect would be anti-dilutive for all periods presented.

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Three Months ended September 30, 

 

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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#

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#

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#

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#

Warrants

 

—

 

6,179,840

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—

 

6,179,840

Stock options

 

2,345,945

 

3,060,019

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2,306,603

 

2,735,019

RSUs

 

1,325,044

 

1,536,080

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1,073,502

 

1,536,080

PSUs

 

91,966

 

345,462

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91,966

 

345,462

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3,762,955

 

11,121,401

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3,472,071

 

10,796,401

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