XML 22 R15.htm IDEA: XBRL DOCUMENT
v3.25.3

Net Loss Per Share | 9 Months Ended
--- | ---
Sep. 30, 2025
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 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. In accordance with the two class method, the undistributed loss for each period are allocated based on the contractual participation rights of the Class A and Class B common shares and the restricted shares as if the losses for the periods had been distributed. Considering the terms of the Company’s charter which provides that, if and when dividends are declared on its common stock in accordance with Delaware General Corporation Law, equivalent dividends shall be paid with respect to the shares of Class A and Class B common stock and that both classes of common stock have identical dividend rights and would share equally in the Company’s net assets in the event of liquidation, the Company has allocated undistributed losses on a proportionate basis. Instruments granted in unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities prior to vesting. As such, the Company’s RSAs are considered participating securities for purposes of calculating loss per share. The following tables present the computation of basic net loss per share applicable to common stockholders for the periods ended:
|  | Three Months Ended September 30, |
|  | 2025 |  |  | 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 |  | $ | (108 | ) |  | $ | (912 | ) |  | $ | (90 | ) |  | $ | (741 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares outstanding - basic |  |  | 4,661 |  |  |  | 39,247 |  |  |  | 4,661 |  |  |  | 38,539 |
Basic net loss per share applicable to common stockholders |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | )
|  | Nine Months Ended September 30, |
|  | 2025 |  |  | 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 |  | $ | (310 | ) |  | $ | (2,608 | ) |  | $ | (328 | ) |  | $ | (2,709 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares outstanding - basic |  |  | 4,661 |  |  |  | 39,183 |  |  |  | 4,661 |  |  |  | 38,445 |
Basic net loss per share applicable to common stockholders |  | $ | (0.07 | ) |  | $ | (0.07 | ) |  | $ | (0.07 | ) |  | $ | (0.07 | )
The following tables present the computation of diluted net loss per share for the periods ended:
|  | Three Months Ended September 30, |
|  | 2025 |  |  | 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 |  | $ | (108 | ) |  | $ | (912 | ) |  | $ | (90 | ) |  | $ | (741 | )
Reallocation of net loss for Class A to Class B shares |  |  | — |  |  |  | (108 | ) |  |  | — |  |  |  | (90 | )
Diluted net loss applicable to common stockholders: |  | $ | (108 | ) |  | $ | (1,020 | ) |  | $ | (90 | ) |  | $ | (831 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares outstanding - basic |  |  | 4,661 |  |  |  | 39,247 |  |  |  | 4,661 |  |  |  | 38,539 |
Conversion of Class A to B common shares outstanding |  |  | — |  |  |  | 4,661 |  |  |  | — |  |  |  | 4,661 |
Weighted average number of shares outstanding - diluted |  |  | 4,661 |  |  |  | 43,908 |  |  |  | 4,661 |  |  |  | 43,200 |
Diluted net loss per share applicable to common stockholders |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | )
Anti-dilutive securities |  |  | — |  |  |  | 3,716 |  |  |  | — |  |  |  | 6,316 |
|  | Nine Months Ended September 30, |
|  | 2025 |  |  | 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 |  | $ | (310 | ) |  | $ | (2,608 | ) |  | $ | (328 | ) |  | $ | (2,709 | )
Reallocation of net loss for Class A to Class B shares |  |  | — |  |  |  | (310 | ) |  |  | — |  |  |  | (328 | )
Diluted net loss applicable to common stockholders: |  | $ | (310 | ) |  | $ | (2,918 | ) |  | $ | (328 | ) |  | $ | (3,037 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares outstanding - basic |  |  | 4,661 |  |  |  | 39,183 |  |  |  | 4,661 |  |  |  | 38,445 |
Conversion of Class A to B common shares outstanding |  |  | — |  |  |  | 4,661 |  |  |  | — |  |  |  | 4,661 |
Weighted average number of shares outstanding - diluted |  |  | 4,661 |  |  |  | 43,844 |  |  |  | 4,661 |  |  |  | 43,106 |
Diluted net loss per share applicable to common stockholders |  | $ | (0.07 | ) |  | $ | (0.07 | ) |  | $ | (0.07 | ) |  | $ | (0.07 | )
Anti-dilutive securities |  |  | — |  |  |  | 5,642 |  |  |  | — |  |  |  | 5,621 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration