EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2025

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 data)	2025		2024
Basic loss per share:
Net loss attributable to common stock and participating securities used to calculate basic loss per share	$	(9,533)	$	(23,964)
Weighted average common shares outstanding	110,000,095		14,068,320
Dilutive effect of pre-funded warrants	300,357		300,357
Weighted average shares outstanding for EPS	110,300,452		14,368,677
Basic loss per share	$	(0.09)	$	(1.67)

Diluted loss per share:
Net loss attributable to common stock and participating securities used to calculate diluted loss per share	$	(9,533)	$	(23,964)
Weighted average common shares outstanding	110,000,095		14,068,320
Weighted average pre-funded warrants	300,357		300,357



Weighted average shares outstanding for EPS	110,300,452		14,368,677
Diluted loss per share	$	(0.09)	$	(1.67)

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 impact would have been anti-dilutive for the periods presented:


	Three Months Ended March 31,
	2025	2024
Shares underlying warrants	10,194,174	—
Stock options	1,689,823	295,038
Restricted stock units	142,754	215,646
Shares issuable under the Employee Stock Purchase Plan	228,535	31,938
Share equivalents excluded from EPS	12,255,286	542,622