EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Net Income (Loss) Attribute To Common Stockholders

The following table summarizes net loss attributable to common stockholders and participating securities used in the calculation of basic and diluted loss per common share:


	Three Months Ended March 31,
(In thousands except share and per share amounts)	2024		2023
Basic loss per share:
Net loss attributable to common stock and participating securities used to calculate basic loss per share	$	(23,964)	$	(1,460)
Weighted average common shares outstanding	14,068,320		11,688,542
Dilutive effect of pre-funded warrants	300,357		300,357
Weighted average shares outstanding	14,368,677		11,988,899
Basic loss per share	$	(1.67)	$	(0.12)

Diluted loss per share:
Net loss attributable to common stock and participating securities	$	(23,964)	$	(1,460)
Change in fair value of warrant liabilities, net of tax	—		(564)
Net loss attributable to common stock and participating securities used to calculate diluted loss per share	$	(23,964)	$	(2,024)
Weighted average common shares outstanding	14,068,320		11,688,542
Weighted average pre-funded warrants	300,357		300,357



Weighted average shares outstanding	14,368,677		11,988,899
Diluted loss per share	$	(1.67)	$	(0.17)

Schedule of Antidilutive Securities Excluded From Computation of Earnings Per Share

The following common stock equivalent shares were excluded from the calculation of diluted loss per share since their inclusion would have been anti-dilutive for the periods presented:


	Three Months Ended March 31,
	2024	2023
Stock options	295,038	295,061
Restricted stock units	215,646	237,249
Shares issuable under the Employee Stock Purchase Plan	31,938	18,805
Share equivalents excluded from EPS	542,622	551,115