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LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
LOSS PER COMMON SHARE LOSS PER COMMON SHARE
Basic loss per common share has been computed by dividing net loss by the weighted-average number of shares of the Company’s common stock outstanding during the relevant period. Diluted loss per common share adjusts net loss and basic loss per common share for the effect of all potentially dilutive shares of the Company’s common stock. Anti-dilutive securities are not included in the computation of diluted earnings per share under the treasury stock method.
The calculations of basic and diluted loss per common share for the three and six months ended June 30, 2025 and 2024 are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
(in thousands, except per share amounts)
Net loss – Basic and Diluted
$(39,699)$(18,167)$(43,900)$(24,427)
Weighted-average shares outstanding – Basic 21,686 21,421 21,639 21,399 
Effect of dilutive securities:
        Stock options and other stock awards
— — — — 
Weighted-average shares outstanding – Diluted21,686 21,421 21,639 21,399 
Basic loss per common share
$(1.83)$(0.85)$(2.03)$(1.14)
Diluted loss per common share
$(1.83)$(0.85)$(2.03)$(1.14)
Antidilutive Securities(1)
1,5831,5071,5001,556
(1) Stock options and other stock awards that have been excluded from the denominator as their inclusion would have been anti-dilutive.