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Loss Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
Basic income (loss) per share (“EPS”) is calculated using income (loss) available to common stockholders, divided by the weighted average number of shares outstanding during the period. Diluted earnings per share is calculated using income available to common stockholders divided by the weighted average number of shares of common stock including both shares outstanding and shares potentially issuable in connection with restricted common stock awards and stock options under our stock incentive plans.
Reconciliations of basic and diluted EPS were as follows:
Three months ended June 30,Six months ended June 30,
In thousands, except per share amounts2025202420252024
Numerator:
Net loss$(335)$(27,834)$(727)$(28,005)
Denominator:
Basic and diluted EPS denominator: weighted-average common shares outstanding7,3827,2577,3717,246
Basic and diluted loss per Common Share$(0.05)$(3.84)$(0.10)$(3.86)
For the three months ended June 30, 2025 and 2024, respectively, the following shares have been excluded from the calculation of shares used in the diluted EPS calculation: 186,734 and 339,125 shares of anti-dilutive market price options; 79,178 and 349 of anti-dilutive unvested restricted shares.
For the six months ended June 30, 2025 and 2024, respectively, the following shares have been excluded from the calculation of shares used in the diluted EPS calculation: 223,675 and 325,924 shares of anti-dilutive market price options; 33,496 and 27,939 of anti-dilutive unvested restricted shares.