Net loss from continuing operations per common share

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Net loss from continuing operations per common share

Net loss from continuing operations per common share

Basic earnings per share is calculated by dividing net income by the weighted average number of shares of common stock during the reporting period. Diluted earnings per share is calculated using the weighted average number of shares of common stock plus the potentially dilutive effect of common equivalent shares outstanding determined under the treasury stock method. In periods when we have a net loss, common stock equivalents are excluded from our calculation of earnings per share as their inclusion would have an antidilutive effect.

The following table presents computations of basic and diluted earnings per share:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and earnings per share data)	2025		2024		2025		2024
Basic earnings (loss) per common share
Numerator:
Net loss from continuing operations	$	(15,838)	$	(5,560)	$	(16,286)	$	(8,759)
Denominator:
Weighted-average common shares issued and outstanding	47,798,146		46,004,037		47,468,266		45,718,232
Basic and diluted loss from continuing operations per common share	$	(0.33)	$	(0.12)	$	(0.34)	$	(0.19)
Anti-dilutive shares	702,927		1,062,068		944,455		1,076,075