NET LOSS PER SHARE

12 Months Ended

Dec. 31, 2023

We compute net loss per share based on the weighted average number of common shares outstanding for the period. Diluted net loss 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. We have excluded stock options and restricted stock units reflecting 15 shares for the year ended December 31, 2023 and 108 shares for the year ended December 31, 2022 from the computation of the diluted shares because the effect of including the stock options and restricted stock units would have been anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per common share for the years ended December 31 (in thousands, except per share amounts):


	2023		2022
Basic:
Net loss	$	(9,214)	$	(14,466)
Weighted-average shares of common stock outstanding	22,138		20,117
Basic loss per share	$	(0.42)	$	(0.72)

Diluted:
Net loss	$	(9,214)	$	(14,466)
Weighted-average shares of common stock outstanding	22,138		20,117
Diluted loss per share	$	(0.42)	$	(0.72)