Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE

v3.25.3
EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2025
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

10. 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, 

    

2025

    

2024

    

2025

    

2024

Numerator:

 

  

 

  

 

  

 

  

Net loss ─ basic

$

(7,678)

$

(8,472)

$

(27,826)

$

(28,373)

Net loss ─ diluted

$

(7,678)

$

(8,472)

$

(27,826)

$

(28,373)

Denominator:

Weighted-average common shares ─ basic

36,111

34,944

36,000

34,749

Potential dilution from share-based awards

Weighted-average common and common share equivalents ─ diluted

36,111

34,944

36,000

34,749

Anti-dilutive share-based awards excluded from the calculation of diluted loss per share

3,371

3,580

3,290

4,067