LOSS PER SHARE

12 Months Ended

Dec. 31, 2024

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,
	2024		2023
Numerator
Net loss from continuing operations	$	(19,785)	$	(29,039)
Loss from discontinued operations, net of tax	—		(471)
Net loss	$	(19,785)	$	(29,510)

Denominator
Basic weighted average shares outstanding	10,504		6,660
Effect of dilutive securities	—		—

Diluted weighted average shares outstanding	10,504		6,660

Net loss per share, basic and diluted:
Net loss per share from continuing operations, basic and diluted	$	(1.88)	$	(4.36)
Loss per share from discontinued operations, basic and diluted	—		(0.07)
Net loss per share, basic and diluted	$	(1.88)	$	(4.43)

For the years ended December 31, 2024 and 2023, 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):


	December 31,
Anti-dilutive securities	2024	2023
Restricted stock awards	131	9
Common shares issuable upon exercise of stock options	482	459
Common shares issuable upon exercise of warrants	1,261	180
Total	1,874	648