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Basic and Diluted (Loss) Income per Common Share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Basic and Diluted (Loss) Income per Common Share | 16. Basic and Diluted (Loss) Income per Common Share Basic net (loss) income per share is computed by dividing net (loss) income by the weighted-average number of shares of common stock outstanding during the period. Diluted net (loss) income 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 Company is in a net loss position for the three and six months ended June 30, 2025 and for the six months ended June 30, 2024, and therefore diluted shares equals basic shares. The components of basic and diluted (loss) income per share are as follows:
| Three months ended June 30, |  | Six months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |
| (In thousands, except share and per share amounts)
Earnings per share |  |  |  |  |  |  |  |  |
Net (loss) income attributable to common stockholders | $ | (4,931) |  |  | $ | 4,055 |  |  | $ | (8,671) |  |  | $ | (5,178) |  |  |
Net (loss) income per share |  |  |  |  |  |  |  |  |
Basic | $ | (0.16) |  |  | $ | 0.15 |  |  | $ | (0.29) |  |  | $ | (0.19) |  |  |
Diluted | $ | (0.16) |  |  | $ | (0.17) |  |  | $ | (0.29) |  |  | $ | (0.19) |  |  |
Numerator used to compute net (loss) income per share: |  |  |  |  |  |  |  |  |
Basic | $ | (4,931) |  |  | $ | 4,055 |  |  | $ | (8,671) |  |  | $ | (5,178) |  |  |
Net gain on extinguishment of debt, net of taxes | — |  |  | (9,850) |  |  | — |  |  | — |  |  |
Interest expense on convertible notes, net of taxes | — |  |  | 752 |  |  | — |  |  | — |  |  |
Diluted | $ | (4,931) |  |  | $ | (5,043) |  |  | $ | (8,671) |  |  | $ | (5,178) |  |  |
Weighted average number of common shares outstanding |  |  |  |  |  |  |  |  |
Basic | 29,889,020 |  |  | 27,079,333 |  |  | 29,438,230 |  |  | 26,786,568 |  |  |
Convertible debt conversion | — |  |  | 2,421,265 |  |  | — |  |  | — |  |  |
Diluted | 29,889,020 |  |  | 29,500,598 |  |  | 29,438,230 |  |  | 26,786,568 |  |  |
The following common share equivalents were excluded from the weighted average shares used to calculate diluted net (loss) income per common share because their effects would have been anti-dilutive:
| Six months ended June 30,
| 2025 |  | 2024 |  |
Stock options issued and outstanding | 73,858 |  |  | 85,006 |  |  |
Restricted stock units issued and outstanding | 3,413,832 |  |  | 4,356,880 |  |  |
Convertible senior notes | 1,568,075 |  |  | 2,869,144 |  |  |
Total | 5,055,765 |  |  | 7,311,030 |  |  |

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