v3.24.1.1.u2
NET LOSS PER COMMON SHARE
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
NET LOSS PER COMMON SHARE NET LOSS PER COMMON SHARE
The following tables present the computations of basic and diluted net loss per share from continuing operations:
Three Months Ended
March 31,
Net Loss per Common Share20242023
(amounts in thousands, except per share data)
Basic Loss Per Share
Numerator:
Net loss$(1,852)$(35,901)
Denominator:
Basic weighted average shares outstanding4,730 4,704 
Net loss per share - Basic$(0.39)$(7.63)
Diluted Loss Per Share
Numerator:
Net loss$(1,852)$(35,901)
Denominator:
Basic weighted average shares outstanding4,730 4,704 
Effect of RSUs and options under the treasury stock method(1)
— — 
Diluted weighted average shares outstanding4,730 4,704 
Net loss per share - Diluted$(0.39)$(7.63)
(1) The Company had net losses used to calculate earnings per share for the three months ended March 31, 2024 and 2023. Therefore, the effects of common share equivalents are excluded from the calculation of diluted loss per share for that period because they would be anti-dilutive. The Company excluded 241 and 277 anti-dilutive shares from diluted EPS at March 31, 2024 and 2023, respectively.