NET LOSS PER SHARE

9 Months Ended

Sep. 30, 2023

NET LOSS PER SHAREWe compute net income or loss per share based on the weighted average number of common shares outstanding for the period. Diluted net income per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options or vesting of RSUs and in some cases PSUs. In periods of net income, we compute the adjustment to the denominator of our dilutive net earnings per share calculation to include these stock options, RSUs, and PSUs, as applicable, using the treasury stock method. Regardless of the period resulting in net income or net loss, we exclude the adjustment to the denominator of our dilutive net loss per share calculation to the extent that they are anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per common share for the periods presented below (in thousands, except per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Basic:
Net loss	$	(2,206)	$	(4,533)	$	(5,632)	$	(13,410)
Weighted-average shares of common stock outstanding	22,591		20,219		21,204		20,092
Basic loss per share	$	(0.10)	$	(0.22)	$	(0.27)	$	(0.67)

Diluted:
Net loss	$	(2,206)	$	(4,533)	$	(5,632)	$	(13,410)
Weighted-average shares of common stock outstanding	22,591		20,219		21,204		20,092
Diluted loss per share	$	(0.10)	$	(0.22)	$	(0.27)	$	(0.67)