XML 35 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Net Loss per Share
12 Months Ended
Dec. 31, 2024
Net Loss per Share  
Net Loss per Share

13.         Net Loss per Share

Basic net loss per share is computed by dividing the net loss by the weighted average shares outstanding. Diluted loss per share is computed by dividing the net loss by the weighted average diluted shares outstanding.

The computation of basic and diluted loss per share was as follows (in thousands, except share and per share data):

Year Ended December 31, 

    

2024

    

2023

 

Net loss

$

(4,119)

$

(12,147)

Weighted average common shares outstanding

Basic

 

30,879,855

 

26,752,055

Dilutive common stock options, restricted stock unit awards and restricted stock awards

Diluted

30,879,855

26,752,055

Basic loss per share of common stock

$

(0.13)

$

(0.45)

Diluted loss per share of common stock

$

(0.13)

$

(0.45)

The Company had a net loss in the years ended December 31, 2024 and 2023. As a result, all stock options, restricted stock unit awards, and restricted stock awards were anti-dilutive and excluded from weighted average shares used in determining the diluted loss per share of common stock for the respective periods.

The following weighted average numbers of shares related to the convertible note and restricted stock unit awards, have been excluded from the calculation of diluted loss per share of common stock, as their effect would be anti-dilutive for the years ended December 31, 2024 and 2023:

    

Year Ended December 31, 

    

2024

    

2023

Restricted stock units

47,849

Convertible Note

2,754,617

Total

47,849

2,754,617