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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Net Loss Per Share  
Schedule of amounts used in computing net loss per share

The following shows the amounts used in computing net loss per share (in thousands except per share data):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2024

    

2023

    

2024

    

2023

    

Net loss

$

(77,989)

$

(18,355)

$

(96,884)

$

(23,929)

Paid-in-kind dividend on Series C convertible preferred stock

 

(2,000)

 

(2,000)

 

(4,000)

 

(4,000)

Net loss attributable to common shareholders

$

(79,989)

$

(20,355)

$

(100,884)

$

(27,929)

Weighted average common shares issued and outstanding - basic and diluted

49,345,644

48,709,384

49,182,830

48,536,901

Basic and diluted net loss per share

$

(1.62)

$

(0.42)

$

(2.05)

$

(0.58)

Schedule of the number of shares excluded from the computation of diluted loss per share

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2024

    

2023

    

2024

    

2023

    

Stock options

 

1,910,321

 

3,012,284

 

1,575,421

 

3,100,326

Restricted stock units

1,108,779

1,093,390

1,108,779

1,093,390

Series C convertible preferred stock

6,013,015

5,778,389

6,013,015

5,778,389

Conversion of 2026 Senior Notes

3,071,445

3,422,780

3,071,445

3,422,780

Conversion of 2025 Senior Notes

599,954

599,954

599,954

599,954

 

12,703,514

 

13,906,797

 

12,368,614

 

13,994,839