Annual report [Section 13 and 15(d), not S-K Item 405]

Net Loss Per Share (Tables)

v3.25.0.1
Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 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):
Year Ended December 31,
2024 2023 2022
Net loss $ (102,976) $ (57,311) $ (97,474)
Net (income) loss attributable to non-controlling interest (36) (20)
Net loss attributable to common stockholders and used in basic and diluted net loss per share (103,012) (57,302) (97,494)
Weighted average shares of common stock outstanding - basic 55,903  56,410  56,632 
Effect of dilutive securities (1)
—  —  — 
Weighted average shares of common stock - diluted 55,903  56,410  56,632 
Basic and diluted net loss per share attributable to common stockholders $ (1.84) $ (1.02) $ (1.72)
____________________________________
(1)There were no adjustments to the weighted average common shares outstanding used in the diluted calculation given that all potentially dilutive shares were antidilutive for the year ended December 31, 2024 and there were no potentially dilutive shares for the years ended December 31, 2023 and 2022.
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):
Year Ended December 31,
2024 2023 2022
Weighted average unvested Time-Based RSUs and Performance-Based RSUs (1)
74  —  — 
Weighted average stock warrants 1,120  1,120  1,120 
____________________________________
(1)Net of assumed purchases 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.