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Net Loss Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 7: Net Loss Per Share

The Company computes net loss per share of Class A and Class B common stock using the two class method. Under the provisions of the two class method, basic net loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares outstanding during the year. Diluted net loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of common and dilutive common equivalent shares outstanding during the period. The computation of the diluted net loss per share of Class B common stock assumes the conversion of Class A common stock to Class B common stock, while the diluted net loss per share of Class A common stock does not assume the conversion of those shares.

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

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

(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

 

$

(534

)

 

$

(4,413

)

 

$

(1,084

)

 

$

(8,826

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding - basic

 

 

4,661

 

 

 

38,498

 

 

 

4,661

 

 

 

37,960

 

Basic net loss per share applicable to common stockholders

 

$

(0.11

)

 

$

(0.11

)

 

$

(0.23

)

 

$

(0.23

)

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

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

(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

 

$

(534

)

 

$

(4,413

)

 

$

(1,084

)

 

$

(8,826

)

Reallocation of net loss for Class A to Class B shares

 

 

—

 

 

 

(534

)

 

 

—

 

 

 

(1,084

)

Diluted net loss applicable to common stockholders:

 

$

(534

)

 

$

(4,947

)

 

$

(1,084

)

 

$

(9,910

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding - basic

 

 

4,661

 

 

 

38,498

 

 

 

4,661

 

 

 

37,960

 

Conversion of Class A to B common shares outstanding

 

 

—

 

 

 

4,661

 

 

 

—

 

 

 

4,661

 

Weighted average number of shares outstanding - diluted

 

 

4,661

 

 

 

43,159

 

 

 

4,661

 

 

 

42,621

 

Diluted net loss per share applicable to common stockholders

 

$

(0.11

)

 

$

(0.11

)

 

$

(0.23

)

 

$

(0.23

)

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive securities

 

 

—

 

 

 

5,951

 

 

 

—

 

 

 

4,689