Three Months Ended

Six Months Ended

(in thousands, except share and per share data)

June 30,

 

2026

 

2025

 

2026

 

2025

Numerator:

Net loss from continuing operations

$

(7,646)

$

(7,091)

$

(15,540)

$

(8,978)

(Loss) income from discontinued operations

—

(2,519)

425

(4,565)

Net loss

(7,646)

(9,610)

(15,115)

(13,543)

Less: dilutive gain on revaluation of warrant liability

—

(2,233)

—

(7,419)

Net loss for diluted earnings per share

$

(7,646)

$

(11,843)

$

(15,115)

$

(20,962)

Denominator:

Weighted average number of common shares - basic

44,223,722

41,782,556

43,622,360

40,239,372

Effect of dilutive prefunded warrants

—

4,526,086

-

4,526,525

Weighted average number of common shares - diluted

44,223,722

46,308,642

43,622,360

44,765,897

Net loss from continuing operations per share - basic

$

(0.17)

$

(0.17)

$

(0.36)

$

(0.22)

Net loss from continuing operations per share - diluted

$

(0.17)

$

(0.20)

$

(0.36)

$

(0.37)

Net (loss) income from discontinued operations per share - basic

$

—

$

(0.06)

$

0.01

$

(0.11)

Net (loss) income from discontinued operations per share - diluted

$

—

$

(0.05)

$

0.01

$

(0.10)

Net loss per share - basic

$

(0.17)

$

(0.23)

$

(0.35)

$

(0.34)

Net loss per share - diluted

$

(0.17)

$

(0.26)

$

(0.35)

$

(0.47)