Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.24.3
Net Loss Per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The computation of basic and diluted earnings per share is as follows for the periods indicated below (in thousands, except per share data):
Three Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Net loss $ (10,207) $ (16,507) $ (70,234) $ (41,096)
Income attributable to non-controlling interest (10) (12) (16) (38)
Net loss available to common stockholders used in basic and diluted net loss per share (10,217) (16,519) (70,250) (41,134)
Weighted average shares of common stock outstanding - basic 55,948  56,543  55,887  56,621 
Effect of dilutive securities (1)
—  —  —  — 
Weighted average shares of common stock - diluted 55,948  56,543  55,887  56,621 
Basic and diluted net loss per share attributable to common stockholders $ (0.18) $ (0.29) $ (1.26) $ (0.73)
____________________________________
(1)As of September 30, 2024 and 2023, there were no adjustments to the weighted average common shares outstanding used in the diluted calculation given that all potentially dilutive shares were anti-dilutive.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following were excluded from diluted net loss per share attributable to common stockholders during the periods indicated below, as the effect would have been antidilutive (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Weighted average unvested Time-Based RSUs (1)
236  26  19  3 
Weighted average stock warrants 1,120  1,120  1,120  1,120 
____________________________________
(1)Net of assumed repurchases in accordance with the treasury stock method and exclude Performance-Based RSUs for which the performance thresholds have not been met by the end of the applicable reporting period.