Net Loss Per Share

6 Months Ended

Jun. 30, 2025

Note 11. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share of common stock attributable to common stockholders (in thousands, except per-share data):


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2025			2024			2025			2024

Net loss	$	(2,931	)	$	(7,524	)	$	(3,595	)	$	(7,369	)

Weighted average common shares outstanding — Basic		20,667			21,252			20,587			19,795
Plus incremental shares from assumed conversions:
Effect of dilutive securities		—			—			—			—
Weighted average common shares outstanding — Diluted		20,667			21,252			20,587			19,795
Net loss per share:
Basic	$	(0.14	)	$	(0.35	)	$	(0.17	)	$	(0.37	)
Diluted	$	(0.14	)	$	(0.35	)	$	(0.17	)	$	(0.37	)

Incremental shares from stock options and restricted stock are computed by the treasury stock method. The treasury stock method calculates dilution assuming the exercise of all in-the-money options and vesting of restricted stock, reduced by the repurchase of shares with the proceeds from the assumed exercises and unrecognized compensation expense for outstanding awards and the estimated tax benefit of the assumed exercises.

The weighted average shares listed below were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the periods presented or were otherwise excluded under the treasury stock method.


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2025		2024		2025		2024

Stock options		638		782		615		820
Restricted stock		669		646		708		676
Total		1,307		1,428		1,323		1,496