LOSS PER SHARE

3 Months Ended

Mar. 31, 2025

The following table sets forth the computation of basic and diluted loss per share of our common stock, net of non-controlling interest and dividends on preferred stock:


	Three Months Ended March 31,
(in thousands, except per share amounts)	2025		2024
Net loss from continuing operations	$	(7,763)	$	(12,795)
Net loss attributable to non-controlling interest	(18)		(42)
Less: Dividend on Series A preferred stock	3,715		3,714
Loss from continuing operations attributable to stockholders of common stock	(11,496)		(16,551)
Loss from discontinued operations, net of tax	(14,226)		(3,996)
Net loss attributable to stockholders of common stock	$	(25,722)	$	(20,547)

Weighted average shares used to calculate basic and diluted loss per share	97,930		89,479



Basic and diluted loss per share:
Continuing operations	$	(0.11)	$	(0.19)
Discontinued operations	(0.15)		(0.04)
Basic and diluted loss per share	$	(0.26)	$	(0.23)

Basic and diluted weighted average shares are the same because we incurred a net loss in the three months ended March 31, 2025 and 2024.

If we had net income in the three months ended March 31, 2025, diluted shares would have included an additional 0.6 million shares. If we had net income for the three months ended March 31, 2024, we would have had no additional diluted shares.

We excluded 1.1 million and 2.4 million shares related to stock options from the diluted share calculation for the three months ended March 31, 2025 and 2024, respectively, because their effect would have been anti-dilutive.