LOSS PER SHARE

12 Months Ended

Dec. 31, 2023

The Company calculates basic net loss per share by dividing the net loss by the weighted average number of shares of common stock outstanding for the period. The diluted net loss per share is computed by assuming the exercise, settlement, and vesting of all potential dilutive common stock equivalents outstanding for the period using the treasury stock method. The following table sets forth a reconciliation of the numerator and denominator used to compute basic and diluted net loss per share of common stock (In thousands, except per share data):


	For the Year Ended December 31,
	2023		2022
Numerator
Net loss from continuing operations	$	(29,039)	$	(269,741)
Loss from discontinued operations, net of tax	(471)		(1,327)
Net loss	$	(29,510)	$	(271,068)

Denominator
Basic weighted average shares outstanding	6,660		4,237
Effect of dilutive securities	—		—

Diluted weighted average shares outstanding	6,660		4,237

Net loss per share, basic and diluted:
Net loss per share from continuing operations, basic and diluted	$	(4.36)	$	(63.66)
Loss per share from discontinued operations, basic and diluted	(0.07)		(0.31)
Net loss per share, basic and diluted	$	(4.43)	$	(63.97)

For the years ended December 31, 2023 and 2022, because the Company was in a loss position, basic net loss per share is the same as diluted net loss per share, as the inclusion of the potential common shares would have been anti-dilutive.

The following table sets forth potential shares of common stock that are not included in the diluted net loss per share calculation above because to do so would be anti-dilutive for the period indicated (In thousands):


Anti-dilutive securities	December 31, 2023	December 31, 2022
Restricted stock awards	9	25
Common shares issuable upon exercise of stock options	459	364
Common shares issuable upon exercise of warrants	180	—
Total	648	389