Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE

v3.25.1
EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Earnings Per Share
The following is a reconciliation of the numerator and denominator for the computation of basic and diluted loss per share:
Three Months Ended March 31,
(In thousands, except per share data) 2025 2024
Numerator:
Net loss attributable to common shareholders $ (5,483) $ (2,937)
Adjustment for accretion of tax equity financing fees (27) (27)
Loss attributable to common shareholders $ (5,510) $ (2,964)
Denominator:
Basic weighted-average shares outstanding 52,544  52,289 
Effect of dilutive securities: (1)
Stock options —  — 
Diluted weighted-average shares outstanding 52,544  52,289 
Net loss per share attributable to common shareholders:
Basic $ (0.10) $ (0.06)
Diluted $ (0.10) $ (0.06)
Potentially dilutive shares (1)
2,946  2,676 
(1) Dilutive securities and potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.