Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.24.1.u1
Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Share of Common Stock

The following table sets forth the computation of basic and diluted net loss per share of common stock:

 

 

 

For the Three Months
Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Net loss available to common stockholders

 

$

(2,008

)

 

$

(3,998

)

Weighted average common shares outstanding — Basic and Diluted

 

 

117,275

 

 

 

120,253

 

Net loss per share available to common stockholders — Basic and Diluted

 

$

(0.02

)

 

$

(0.03

)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share

The following potential shares of common stock have been excluded from the computation of diluted net loss per share because their effect would have been antidilutive:

 

 

 

As of March 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Stock options

 

 

1,306

 

 

 

1,306

 

Ares warrants

 

 

1,100

 

 

 

1,100

 

Public and Private warrants

 

 

17,333

 

 

 

17,333

 

Series A redeemable preferred stock

 

 

8,503

 

 

 

8,418

 

RSUs and PSUs

 

 

5,287

 

 

 

4,582

 

Ares Put Option

 

 

 

 

*