|
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 |
|