XML 25 R12.htm IDEA: XBRL DOCUMENT v3.25.2
LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
LOSS PER COMMON SHARE LOSS PER COMMON SHARE
Basic loss per common share is computed using net loss divided by the weighted-average number of common shares outstanding during each period, excluding unvested restricted stock units (“RSUs”) and performance stock units ("PSUs").
Diluted loss per common share represents net loss divided by the weighted-average number of common shares outstanding during the period, including common stock equivalents. Common stock equivalents consist of shares subject to share-based awards with exercise prices less than the average market price of the Company’s common stock for the period, to the extent their inclusion would be dilutive.
The following table presents basic and diluted loss per common share for the three and six months ended June 30, 2025 and 2024:
Three months ended June 30,Six months ended June 30,
2025202420252024
Net loss$(16,861)$(23,450)$(31,246)$(36,058)
Weighted-average shares of common stock outstanding4,646,096 4,597,720 4,630,390 4,589,471 
Dilutive effect of share based compensation awards using the treasury stock method    
Diluted weighted-average shares of common stock outstanding4,646,096 4,597,720 4,630,390 4,589,471 
Basic loss per common share$(3.63)$(5.10)$(6.75)$(7.86)
Diluted loss per common share$(3.63)$(5.10)$(6.75)$(7.86)
The computation of the weighted-average shares of common stock outstanding for diluted loss per common share excludes the following potential shares of common stock as their inclusion would have an anti-dilutive effect on diluted loss per common share:
Three months ended June 30,Six months ended June 30,
2025202420252024
Shares subject to unvested or deferred performance and restricted stock units357,796 326,100 357,796 326,100 
Shares subject to stock options outstanding34,045 44,191 34,045 44,191