Earnings (Loss) Per Share The following table sets forth the computation of basic and diluted earnings (loss) per share:
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Three Months Ended March 31, |
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(in thousands, except per share data) |
2024 |
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2023 |
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Numerator: |
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Net loss from continuing operations |
$ |
(4,094) |
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$ |
(5,788) |
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Net (loss) income from discontinued operations |
$ |
(1,399) |
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$ |
589 |
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Net loss |
$ |
(5,493) |
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$ |
(5,199) |
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Denominator: |
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Weighted-average common shares outstanding |
10,094 |
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10,148 |
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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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Weighted-average common shares, as adjusted |
10,094 |
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10,148 |
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Net loss per share from continuing operations: |
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Basic |
$ |
(0.41) |
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$ |
(0.57) |
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Diluted |
$ |
(0.41) |
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$ |
(0.57) |
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Net (loss) income per share from discontinued operations: |
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Basic |
$ |
(0.14) |
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$ |
0.06 |
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Diluted |
$ |
(0.14) |
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$ |
0.06 |
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Net loss per share: |
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Basic |
$ |
(0.54) |
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$ |
(0.51) |
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Diluted |
$ |
(0.54) |
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$ |
(0.51) |
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The diluted earnings (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 months ended March 31, 2024 and 2023, respectively.
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