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Basic and Diluted (Loss) Income per Common Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Basic and Diluted (Loss) Income per Common Share
15. 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 nine months ended September 30, 2025 and for the nine months ended September 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 September 30,Nine months ended September 30,
2025202420252024
(In thousands, except share and per share amounts)
Earnings per share
Net (loss) income attributable to common stockholders$(1,241)$413 $(9,912)$(4,765)
Net (loss) income per share
Basic$(0.04)$0.02 $(0.33)$(0.18)
Diluted$(0.04)$0.01 $(0.33)$(0.18)
Weighted average number of common shares outstanding
Basic30,278,516 27,374,367 29,721,404 26,983,931 
Stock options issued and outstanding— 25,021 — — 
Nonvested RSUs outstanding— 1,216,132 — — 
Diluted30,278,516 28,615,520 29,721,404 26,983,931 
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:
Nine months ended September 30,
20252024
Stock options issued and outstanding70,358 83,039 
Restricted stock units issued and outstanding3,065,974 3,965,171 
Convertible senior notes1,537,847 2,503,118 
Total4,674,179 6,551,328