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Net Loss Per Share
12 Months Ended
Dec. 31, 2025
Net Loss Per Share [Abstract]  
Net Loss Per Share

7. Net Loss Per Share

 

Basic net loss per share is computed using the weighted-average number of shares of Common Stock outstanding during the period. Diluted net loss per unit is computed using the weighted-average number of shares of Common Stock and, if dilutive, Common Stock equivalents outstanding during the period.

 

The following table presents the calculation of basic and diluted net loss per share:

 

   Year Ended December 31, 
   2025   2024 
   (In thousands, except unit amounts and per unit data) 
Net loss per share        
Numerator        
Net loss $(8,985) $(30,356)
Numerator for basic and diluted net loss per share $(8,985) $(3,779)
           
Denominator          
Weighted average common shares outstanding  45,422,581   34,200,660 
Denominator for basic and diluted net loss per share  45,422,581   34,200,660 
Net loss per share:          
Basic and diluted $(0.20) $(0.89)

 

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:

 

   Year Ended December 31, 
   2025   2024 
Performance-based awards  398,469   398,469 
Non-vested restricted stock units  4,186,139   2,584,072 
Total potentially dilutive securities  4,584,608   2,982,541