XML 24 R14.htm IDEA: XBRL DOCUMENT v3.25.2
Net Loss Per Common Share
6 Months Ended
Jun. 30, 2025
Net Loss Per Common Share  
Net (Loss) Income Per Common Share

8. Net Loss Per Common Share

Basic net loss per common share is calculated by dividing the net loss by the weighted-average number of shares of common stock outstanding for the period less shares subject to repurchase, without consideration of potentially dilutive securities. Diluted earnings per share is calculated using the treasury stock method by dividing net loss by the total weighted average shares of common stock outstanding in addition to the potential impact of dilutive securities including restricted stock units, warrants, and options. In periods with a net loss, potentially dilutive securities are excluded from the Company’s calculation of earnings per share as their inclusion would have an antidilutive effect.

The following tables set forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share amounts):

Basic and diluted EPS

Three Months Ended June 30,

Six Months Ended June 30, 

    

2025

    

2024

    

2025

    

2024

Numerator:

 

  

 

  

 

  

 

  

Net loss

$

(670)

$

(2,502)

$

(1,836)

$

(2,704)

Net income attributable to common stockholders, diluted

$

(670)

$

(2,502)

$

(1,836)

$

(2,704)

Denominator:

 

  

 

  

 

  

 

  

Weighted-average shares of common stock outstanding, basic

 

22,504,957

 

21,566,863

 

22,347,411

 

21,409,611

Weighted-average shares of common stock outstanding, diluted

 

22,504,957

 

21,566,863

 

22,347,411

 

21,409,611

Net loss per common share, diluted

$

(0.03)

$

(0.12)

$

(0.08)

$

(0.13)

Potentially dilutive securities representing 1.6 million and 2.1 million stock options and RSUs that were outstanding during the three months ended June 30, 2025, and 2024, respectively, and 1.6 million and 1.7 million stock options and RSUs outstanding during the six months ended June 30, 2025 and 2024, respectively, were excluded from the computation of diluted earnings per common share during these periods as their inclusion would have an antidilutive effect.