Net Loss Per Common Share

9 Months Ended

Sep. 30, 2023

The following reflects the net loss attributable to common shareholders and share data used in the basic and diluted earnings per share computations using the two-class method:


	Three Months Ended September 30,					Nine Months Ended September 30,
(In thousands, except per share amounts)		2023		2022		2023		2022
Numerator:
Net loss		$	(4,089)	$	(4,318)	$	(17,823)	$	(23,533)
Denominator:
Weighted-average common shares outstanding (Basic)		43,022,328		42,220,519		42,821,284		42,008,013
Weighted-average common shares outstanding (Diluted)		43,022,328		42,220,519		42,821,284		42,008,013
Net loss per common share (Basic and Diluted)		$	(0.10)	$	(0.10)	$	(0.42)	$	(0.56)

Anti-dilutive shares excluded from the calculation of diluted earnings per share (1)
Stock options		4,552,919		3,132,722		4,355,115		3,083,519
Restricted stock units		1,672,397		441,866		386,597		498,966

(1) These common equivalent shares are not included in the diluted per share calculations as they would be anti-dilutive if the Company was in a net income position.