Quarterly report [Sections 13 or 15(d)]

NET LOSS PER COMMON SHARE (Tables)

v3.25.2
NET LOSS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of basic and diluted net loss per common share

The following table presents the calculation of basic and diluted net loss per common share (in thousands, except per share amounts):

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2025

    

2024

    

2025

    

2024

Net loss

$

(20,884)

$

(15,388)

$

(51,461)

$

(26,862)

Weighted average common shares outstanding (basic and diluted)

 

147,847

 

146,943

 

147,723

 

146,900

Net loss per common share (basic and diluted)

$

(0.14)

$

(0.10)

$

(0.35)

$

(0.18)

Shares excluded due to being anti-dilutive (1)

14,737

1,724

14,737

1,724

(1)

Includes restricted stock units and cash return on capital employed performance stock units as their effect, if included, would have been anti-dilutive. The total shareholder return performance stock units are not included as they are not likely to attain their applicable performance metric.