Net Loss per Common Share

3 Months Ended

Mar. 31, 2024

Basic and diluted net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding. Since the Company was in a loss position for all periods presented, diluted net loss per share is the same as basic net loss per share. The numerator and denominator used in the calculation of basic and diluted net loss per common share are as follows:


	Three months ended March 31,
(in thousands, except per share data)	2024		2023
Net loss	$	(10,749)	$	(26,206)
Weighted average common shares outstanding	144,013		142,641
Net loss per common share (expressed in $ per share)	$	(0.07)	$	(0.18)

The Company did not include the securities in the following table in the computation of the net loss per common share because the effect would have been anti-dilutive during each period:


	Three months ended March 31,
(in thousands)	2024	2023
Stock options	11,081	12,678
Unvested performance awards	1,503	921
Unvested restricted stock units	7,326	6,983
	19,910	20,582