Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.24.3
Earnings Per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted income (loss) per share:
Three Months Ended September 30, Nine Months Ended
September 30,
(in thousands, except per share data) 2024 2023 2024 2023
Numerator:    
Net loss from continuing operations $ (7,016) $ (14,678) $ (11,309) $ (26,615)
Net income (loss) from discontinued operations 864  (3,254) (1,262) (11,152)
Net loss $ (6,152) $ (17,932) $ (12,571) $ (37,767)
Denominator:    
Weighted-average common shares outstanding 10,114  10,135  10,111  10,151 
Effect of dilutive securities:  
Employee stock options and stock grants —  —  —  — 
Weighted-average common shares, as adjusted 10,114  10,135  10,111  10,151 
Net loss per share from continuing operations:    
Basic $ (0.69) $ (1.45) $ (1.12) $ (2.62)
Diluted $ (0.69) $ (1.45) $ (1.12) $ (2.62)
Net income (loss) per share from discontinued operations:
Basic $ 0.08  $ (0.32) $ (0.12) $ (1.10)
Diluted $ 0.08  $ (0.32) $ (0.12) $ (1.10)
Net loss per share:
Basic $ (0.61) $ (1.77) $ (1.24) $ (3.72)
Diluted $ (0.61) $ (1.77) $ (1.24) $ (3.72)
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 nine months ended September 30, 2024 and 2023, respectively.