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Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Computation of Net Loss Per Share Basic and Diluted

The following table presents the computation of basic net loss per share applicable to common stockholders for the periods ended:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2024

 

(In Thousands, Except Per Share Amounts)

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

Basic net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss applicable to common stockholders

 

$

(491

)

 

$

(3,985

)

 

$

(157

)

 

$

(1,293

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding used to calculate basic net loss per share

 

 

4,661

 

 

 

37,835

 

 

 

4,661

 

 

 

38,393

 

Basic net loss per share applicable to common stockholders

 

$

(0.11

)

 

$

(0.11

)

 

$

(0.03

)

 

$

(0.03

)

 

The following table presents the computation of diluted net loss per share applicable to common stockholders for the periods ended:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2024

 

(In Thousands, Except Per Share Amounts)

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

Diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss applicable to common stockholders

 

$

(491

)

 

$

(3,985

)

 

$

(157

)

 

$

(1,293

)

Reallocation of net loss for Class A shares as a result of conversion of Class A to Class B shares

 

 

 

 

 

(491

)

 

 

 

 

 

(157

)

Diluted net loss applicable to common stockholders:

 

$

(491

)

 

$

(4,476

)

 

$

(157

)

 

$

(1,450

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding used to calculate basic net loss per share

 

 

4,661

 

 

 

37,835

 

 

 

4,661

 

 

 

38,393

 

Conversion of Class A to Class B common shares outstanding

 

 

 

 

 

4,661

 

 

 

 

 

 

4,661

 

Weighted average number of shares outstanding used to calculate diluted net loss per share

 

 

4,661

 

 

 

42,496

 

 

 

4,661

 

 

 

43,054

 

Diluted net loss per share applicable to common stockholders

 

$

(0.11

)

 

$

(0.11

)

 

$

(0.03

)

 

$

(0.03

)