Basic and Diluted Loss per Common Share

9 Months Ended

Sep. 30, 2023

14. Basic and Diluted Loss per Common Share

Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. The Company is in a net loss position for the three and nine months ended September 30, 2023 and 2022 and therefore diluted shares equals basic shares.

The components of basic and diluted loss per share are as follows:


	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022

	(In thousands, except share and per share amounts)
Earnings per share


Net loss attributable to common stockholders	$	(5,130)	$	(802)	$	(5,409)	$	(13,864)
Net loss per share, basic and diluted	$	(0.20)	$	(0.03)	$	(0.21)	$	(0.55)





















Weighted average number of common shares outstanding, basic and diluted	25,613,441		25,304,057		25,539,642		25,268,216

The following common share equivalents were excluded from the weighted average shares used to calculate net loss per common share because their effects would have been anti-dilutive:


	As of September 30,
	2023	2022
Stock options issued and outstanding	98,105	159,827
Restricted stock units issued and outstanding	2,547,955	1,018,312
Convertible senior notes	3,484,424	5,788,805
Total	6,130,484	6,966,944