Earnings Per Share

12 Months Ended

Dec. 31, 2024

Basic net loss per share attributable to common stockholders is computed by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Because the Company has reported a net loss for 2024, 2023, and 2022, the number of shares used to calculate diluted net loss per share of common stock attributable to common stockholders is the same as the number of shares used to calculate basic net loss per share of common stock attributable to common stockholders for the period presented because the potentially dilutive shares would have been antidilutive if included in the calculation.

The computation of basic and diluted EPS is as follows for the years ended December 31, 2024, 2023, and 2022:


	Year ended December 31,
(in thousands, except shares and per share amounts)	2024		2023		2022
Net Loss	$	(40,835)	$	(62,913)	$	(58,600)
Weighted average shares of common stock outstanding - basic and diluted	98,892,692		94,080,797		90,956,521
Loss per common share - basic and diluted	$	(0.41)	$	(0.67)	$	(0.64)

For the years ended December 31, 2024, 2023, and 2022, the following potential shares were excluded from diluted EPS as the Company had a net loss in each period presented:


	Year ended December 31,
	2024	2023	2022
Stock options	1,298,601	3,914,768	6,268,485
RSUs	6,097,253	7,305,443	7,101,096
ESPP	30,835	31,240	48,923
Total anti-dilutive common share equivalents	7,426,689	11,251,451	13,418,504