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Note 17 - Net Loss Per Share
12 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

17.    Net Loss per Share

 

The following table shows the computation of basic and diluted loss per share for the fiscal years ended September 30, 2025, 2024 and 2023 (in thousands, except per share data):

 

  

Year Ended September 30,

 
  

2025

  

2024

  

2023

 

Income (loss) from continuing operations

 $24,458  $(24,366) $(8,040)

Loss from discontinued operations, net of tax

  (80,221)  (140,531)  (6,596)

Net loss

  (55,763)  (164,897)  (14,636)
             

Weighted average common shares outstanding used in computing basic loss per share

  45,743   53,175   66,253 

Dilutive restricted stock units

  153       

Weighted average common shares outstanding used in computing diluted loss per share

  45,896   53,175   66,253 
             

Basic net loss per share:

            

Loss from continuing operations

 $0.53  $(0.46) $(0.12)

Loss from discontinued operations, net of tax

  (1.75)  (2.64)  (0.10)

Basic net loss per share

 $(1.22) $(3.10) $(0.22)
             

Diluted net loss per share:

            

Loss from continuing operations

 $0.53  $(0.46) $(0.12)

Loss from discontinued operations, net of tax

  (1.75)  (2.64)  (0.10)

Diluted net loss per share

 $(1.22) $(3.10) $(0.22)

 

For the fiscal year ended  September 30, 2025, unvested restricted stock units and shares issued by the Company under the employee stock purchase plan representing 158,856 shares were excluded from the computation of diluted income per share from continuing operations as their inclusion would have been antidilutive.