Quarterly report [Sections 13 or 15(d)]

Net Earnings (Loss) Per Share (Tables)

v3.25.3
Net Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share
The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net loss per share (in thousands):
For the three months ended For the nine months ended
September 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024
Loss from continuing operations after income taxes $ (6,839) $ (4,965) $ (15,989) $ (15,952)
Income (loss) from discontinued operations, net of tax —  (1,622) 8,644  (3,053)
Net loss $ (6,839) $ (6,587) $ (7,345) $ (19,005)
Weighted average common shares outstanding:
Basic 41,541  19,079  39,462  18,672 
Diluted 41,541  19,079  39,462  18,672 
Net earnings (loss) per share:
Loss from continuing operations, basic and diluted $ (0.16) $ (0.26) $ (0.41) $ (0.85)
Income (loss) from discontinued operations, basic and diluted $ —  $ (0.09) $ 0.22  $ (0.16)
Net loss per share, basic and diluted $ (0.16) $ (0.35) $ (0.19) $ (1.02)
Schedule of Anti-dilutive Securities Excluded from the Income Per Share Computation
The following table represents the number of securities excluded from the income per share computation as a result of their anti-dilutive effect (in thousands):
For the three months ended For the nine months ended
Anti-dilutive securities September 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024
Common stock purchase warrants 1,736 376 1,736 376
Stock options 4,804 4,253 4,804 4,253
Convertible notes 8,523 —  8,523 — 
Anti-dilutive securities 15,063 4,629 15,063 4,629