XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.3
Basis of Presentation, Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)
 9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Share
Basic and diluted net income (loss) per share for the three and nine months ended September 30, 2025 and 2024 was calculated as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands, except share and per share amounts)2025202420252024
Numerator:
Net (Loss) Income$(1,753)$1,664 $(4,760)$276 
Less: Accretion of Series X Preferred Stock— — (153)— 
Less: Undistributed Earnings to Participating Securities— (233)— (40)
Net (Loss) Income Attributable to Common Stockholders$(1,753)$1,431 $(4,913)$236 
Denominator:
Weighted Average Number of Shares of Common Stock Outstanding - Basic and Diluted36,024,940 31,551,805 34,817,973 30,447,588 
Incremental Shares Attributable to the Assumed Exercise of Outstanding Options to Purchase Common Stock— 489,193 — 271,382 
Incremental Shares Attributable to the Assumed Vesting of Unvested Restricted Stock Units— 318,046 — 282,340 
Incremental Shares Attributable to the Assumed Exercise of Warrants— 61,124 — 12,154 
Diluted Weighted Average Number of Shares of Common Stock Outstanding36,024,940 32,420,168 34,817,973 31,013,464 
Net (Loss) Income per Share Attributable to Common Stockholders - Basic and Diluted$(0.05)$0.05 $(0.14)$0.01 
Diluted Net (Loss) Income per Share Attributable to Common Stockholders$(0.05)$0.04 $(0.14)$0.01 
Schedule of Potentially Dilutive Securities The following table includes the potential shares of common stock that were excluded from the
computation of diluted EPS attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Warrants to Purchase Common Stock3,984,484 3,793,388 3,984,484 3,793,388 
Options to Purchase Common Stock3,281,862 268,978 3,281,862 284,296 
Convertible Preferred Stock1,405,001 — 1,405,001 — 
Unvested Restricted Stock Units1,166,660 — 1,166,660 — 
Unvested Restricted Stock Units - Market Condition717,000 — 717,000 — 
Unvested Restricted Stock Awards891 891 891 891 
Total10,555,898 4,063,257 10,555,898 4,078,575