Net Loss per Common Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Net Loss per Common Share

Note 9—Net Loss per Common Share

The following summarizes the calculation of net loss per common share attributable to common shareholders for the three months ended March 31, 2025 and 2024:

	Three Months Ended
	March 31,
(in thousands, except per share data)	2025		2024
Net loss	$	(24,982)	$	(21,886)
Weighted average shares outstanding - basic		77,272		76,319
Dilutive shares		—		—
Weighted average shares outstanding - diluted		77,272		76,319
Net loss per common share:
Basic	$	(0.32)	$	(0.29)
Diluted	$	(0.32)	$	(0.29)

Share-based awards for the three months ended March 31, 2025 and 2024 of approximately 1.8 million and 1.6 million shares were excluded from the calculation of net loss per diluted common share as the effect would be anti-dilutive.