Loss Per Share The following table sets forth the computation of basic and diluted loss per share:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
(in thousands, except per share data) |
2024 |
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2023 |
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2024 |
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2023 |
Numerator: |
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Net loss from continuing operations |
$ |
(198) |
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$ |
(6,149) |
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$ |
(4,292) |
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$ |
(11,937) |
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Net loss from discontinued operations |
(728) |
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(8,487) |
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(2,127) |
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(7,898) |
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Net loss |
$ |
(926) |
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$ |
(14,636) |
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$ |
(6,419) |
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$ |
(19,835) |
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Denominator: |
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Weighted-average common shares outstanding |
10,126 |
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10,170 |
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10,110 |
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10,159 |
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Effect of dilutive securities: |
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Employee stock options and stock grants |
— |
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— |
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— |
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— |
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Weighted-average common shares, as adjusted |
10,126 |
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10,170 |
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10,110 |
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10,159 |
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Net loss per share from continuing operations: |
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Basic |
$ |
(0.02) |
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$ |
(0.60) |
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$ |
(0.42) |
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$ |
(1.18) |
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Diluted |
$ |
(0.02) |
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$ |
(0.60) |
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$ |
(0.42) |
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$ |
(1.18) |
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Net loss per share from discontinued operations: |
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Basic |
$ |
(0.07) |
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$ |
(0.84) |
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$ |
(0.21) |
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$ |
(0.77) |
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Diluted |
$ |
(0.07) |
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$ |
(0.84) |
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$ |
(0.21) |
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$ |
(0.77) |
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Net loss per share: |
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Basic |
$ |
(0.09) |
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$ |
(1.44) |
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$ |
(0.63) |
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$ |
(1.95) |
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Diluted |
$ |
(0.09) |
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$ |
(1.44) |
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$ |
(0.63) |
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$ |
(1.95) |
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The diluted loss per share calculations exclude the effect of potentially dilutive shares when the inclusion of those shares in the calculation would have an anti-dilutive effect. The Company had $0.1 million shares that were anti-dilutive for the three and six months ended June 30, 2024 and 2023, respectively.
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