Basic and Diluted Loss per Share

3 Months Ended

Mar. 31, 2023

Basic and Diluted Loss per Share [Abstract]

Basic and Diluted Loss per Share

Note 3 - Basic and Diluted Loss per Share

Basic earnings per share is based on the weighted average number of outstanding common shares for the period. Diluted earnings per share adjusts the weighted average shares outstanding for the potential dilution that could occur if outstanding vested stock options were exercised. Basic and diluted earnings per share are based on the weighted average number of outstanding shares for the period.

The weighted average number of common shares and common share equivalents used in the determination of basic and diluted loss per share were as follows:

(in thousands, except for share amounts)	Three months ended
	March 31,
	2023			2022
Numerator:
Net loss attributed to common stockholders	$	(2,951	)	$	(3,434	)
Denominator:
Weighted-average shares outstanding for basic earnings per share		22,933,894			20,980,046
Adjusted weighted-average shares outstanding and assumed conversions for diluted earnings per share		22,933,894			20,980,046
Shares related to potentially dilutive securities excluded because inclusion would be anti-dilutive		2,856,032			149,271