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Basic and Diluted Income (Loss) per Common Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Income (Loss) per Common Share
14. Basic and Diluted Income (Loss) per Common Share
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by giving effect to all potential shares of common stock, including stock options and stock related to unvested restricted stock awards.
The components of basic and diluted income (loss) per share are as follows:
Three months ended September 30,Nine months ended September 30,
2024202320242023
(In thousands, except share and per share amounts)
Earnings per share
Net income (loss) attributable to common stockholders$413 $(5,130)$(4,765)$(5,409)
Net income (loss) per share:
Basic$0.02 $(0.20)$(0.18)$(0.21)
Diluted$0.01 $(0.20)$(0.18)$(0.21)
Weighted average number of common shares outstanding:
Basic27,374,367 25,613,441 26,983,931 25,539,642 
Stock options issued and outstanding25,021 — — — 
Nonvested RSUs outstanding1,216,132 — — — 
Diluted28,615,520 25,613,441 26,983,931 25,539,642 
The following common share equivalents were excluded from the weighted average shares used to calculate net income (loss) per common share because their effects would have been anti-dilutive:
As of September 30,
20242023
Stock options issued and outstanding83,039 98,105 
Restricted stock units issued and outstanding3,965,171 2,547,955 
Convertible senior notes2,503,118 3,484,424 
Total6,551,328 6,130,484