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Loss Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Loss Per Share

10. Loss Per Share

Basic loss per share is computed using the weighted-average number of outstanding shares of common stock during the period. Diluted loss per share is computed using the weighted-average number of outstanding shares of common stock and, when dilutive, potential shares of common stock outstanding during the period (“Common stock equivalents”). Common stock equivalents consist of incremental shares issuable upon the assumed exercise of stock options and vesting of restricted stock units utilizing the treasury stock method. There were no common stock equivalents for 2024 and 2023. The computation of loss per share is as follows:

 

 

 

For the Year Ended December 31,

 

(in thousands, except per share data)

 

2024

 

 

2023

 

 

 

 

 

Loss per share, basic and diluted:

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(5,233

)

 

$

(5,802

)

Shares used in computation:

 

 

 

 

 

 

Weighted-average common stock outstanding

 

 

23,335

 

 

 

21,501

 

Weighted-average number of shares

 

 

23,335

 

 

 

21,501

 

Loss per share, basic and diluted

 

$

(0.22

)

 

$

(0.27

)

 

We excluded the effect of the below elements from our calculation of diluted loss per share, as their inclusion would have been anti-dilutive, as there were no earnings attributable to common shareholders.:

 

 

 

For the Year Ended December 31,

 

(in thousands)

 

2024

 

 

2023

 

 

 

 

 

Employee stock options and restricted stock units

 

 

1,485

 

 

 

1,762