XML 38 R26.htm IDEA: XBRL DOCUMENT v3.25.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 7: EARNINGS PER SHARE

 

The Company calculates basic net income (loss) per share by dividing net loss for each respective period by the weighted-average number of common shares outstanding for each respective period. The Company computes diluted net income (loss) per share after giving consideration to the dilutive effect of unvested RSUs, stock options, unsettled ESPP contributions, and warrants that are outstanding during the period, except where such securities would be anti-dilutive.

The computations of basic and diluted net income (loss) per share attributable to common stockholders are as follows:

 

Years Ended December 31,

 

 

2024

 

 

2023

 

Income (loss) income from continuing operations (in thousands)

$

7,167

 

 

$

(42,527

)

Income (loss) from discontinued operations (in thousands)

 

—

 

 

 

(18,792

)

Net income (loss) (in thousands)

$

7,167

 

 

$

(61,319

)

 

 

 

 

 

 

Basic weighted-average common shares

 

6,832,982

 

 

 

3,841,405

 

Dilutive impact of share-based awards

 

50,929

 

 

 

—

 

Diluted weighted-average common shares (1)

 

6,883,911

 

 

 

3,841,405

 

 

 

 

 

 

 

Basic net income (loss) per share:

 

 

 

 

 

Basic income (loss) from continuing operations

 

1.05

 

 

 

(11.07

)

Basic income (loss) from discontinued operations

 

—

 

 

 

(4.89

)

Basic net income (loss) per share

 

1.05

 

 

 

(15.96

)

 

 

 

 

 

Diluted net income (loss) per share:

 

 

 

 

 

Diluted income (loss) from continuing operations

 

1.04

 

 

 

(11.07

)

Diluted income (loss) from discontinued operations

 

—

 

 

 

(4.89

)

Diluted net income (loss) per share

 

1.04

 

 

 

(15.96

)

(1) 3,348,161 total common stock equivalents were excluded from the diluted weighted-average common shares calculation for the year ended December 31, 2024 as their inclusion would have been anti-dilutive. For the year ended December 31, 2023 all outstanding total common stock equivalents were excluded from the diluted calculation as their inclusion would have been anti-dilutive.