Loss Per Common Share

12 Months Ended

Dec. 31, 2024

The following table sets forth the computation of basic and diluted loss per common share (in thousands, except per share data):


	Year Ended December 31,
Basic loss per common share	2024		2023		2022
Net loss	$	(13,359)	$	(30,690)	$	(19,192)
Net loss allocated to participating securities	24		123		98
Net loss allocated to common stockholders	$	(13,335)	$	(30,567)	$	(19,094)

Basic weighted-average common shares outstanding	41,676		40,743		40,032
Basic loss per common share	$	(0.32)	$	(0.75)	$	(0.48)

Diluted loss per common share	2024		2023		2022
Net loss	$	(13,359)	$	(30,690)	$	(19,192)
Net loss allocated to participating securities	24		123		98
Net loss allocated to common stockholders	$	(13,335)	$	(30,567)	$	(19,094)



Diluted weighted-average common shares outstanding	41,676		40,743		40,032
Diluted loss per common share	$	(0.32)	$	(0.75)	$	(0.48)

We excluded stock options from the calculation of diluted weighted-average common shares outstanding if the per share value, including the sum of (i) the exercise price of the options and (ii) the amount of the compensation cost attributed to future services and not yet recognized, was greater than the average market price of the shares because the inclusion of these stock options would be antidilutive to loss per common share. For the years ended December 31, 2024, 2023 and 2022 all stock options and awards were excluded from the calculation of diluted weighted-average common shares outstanding as these would be antidilutive to the net loss.