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

Loss per Share

v3.25.4
Loss per Share
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Loss per Share Loss per Share
Basic and diluted loss per share for the years ended December 31, 2025, 2024 and 2023, respectively consisted of the following (in thousands, except per share data):
Years Ended December 31,
2025 2024 2023
Numerator (Basic and Diluted):
Net loss $ (1,909) $ (12,362) $ (34,035)
Change in value for stock settled consideration(1)
(4) 31 65
Adjusted net loss $ (1,913) $ (12,331) $ (33,970)
Denominator:
Basic
Weighted average common shares issued and outstanding 38,960 38,695 38,674
Deduct: Unvested RSAs (2)
(17) (17) (15)
Weighted average common shares outstanding 38,943 38,678 38,659
Basic loss per common share $ (0.05) $ (0.32) $ (0.88)
Diluted
Weighted average common shares outstanding from above 38,943 38,678 38,659
Add: Dilutive effect of RSUs, RSAs, PSUs & ESPP(3)
— — —
Weighted average common shares outstanding 38,943 38,678 38,659
Diluted loss per common share $ (0.05) $ (0.32) $ (0.88)
Antidilutive shares excluded from diluted earnings per common share(4)
1,100 962 1,593
(1)Relates to contingently issuable stock settled consideration.
(2)RSAs were issued and outstanding to the non-employee directors and will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of stockholders, subject to service requirements. See Note 11 – “Stock-Based Compensation Plans” for additional information.
(3)Shares related to the Company's RSUs, RSAs, PSUs, Amended ESPP, and contingently issuable shares were excluded from the weighted average common shares outstanding for the year ended December 31, 2025 because inclusion of such shares would be antidilutive in a period of loss.
(4)Primarily pertaining to RSU grants to the Company’s employees and independent contractors.