v3.25.3
EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Attribute To Common Stockholders
The following table summarizes net loss attributable to common stockholders and participating securities used in the calculation of basic and diluted loss per common share:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands, except share and per share data)2025202420252024
Basic loss per share:
Net loss attributable to common stock and participating securities used to calculate basic loss per share$(82,381)$(19,824)$(116,503)$(90,040)
Weighted average common shares outstanding 3,735,472471,3173,692,593 470,611
Dilutive effect of pre-funded warrants10,01210,01210,012 10,012
Weighted average shares outstanding for EPS3,745,484481,3293,702,605 480,623
Basic loss per share$(21.99)$(41.19)$(31.47)$(187.34)
Diluted loss per share:
Net loss attributable to common stock and participating securities used to calculate diluted loss per share$(82,381)$(19,824)$(116,503)$(90,040)
Weighted average common shares outstanding3,735,472471,3173,692,593 470,611
Weighted average pre-funded warrants10,01210,01210,012 10,012
Weighted average shares outstanding for EPS3,745,484481,3293,702,605 480,623
Diluted loss per share$(21.99)$(41.19)$(31.47)$(187.34)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following common stock equivalent shares were excluded from the calculation of diluted loss per share since their impact would have been anti-dilutive for the periods presented:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Shares underlying warrants339,807 66,667 339,807 66,667 
Stock options52,455 7,759 52,455 7,759 
Restricted stock units432 4,514 432 4,514 
Shares issuable under the Employee Stock Purchase Plan28,839 1,788 28,839 1,788 
Share equivalents excluded from EPS421,533 80,728 421,533 80,728