Loss Per Common Share

12 Months Ended

Dec. 31, 2023

The following table sets forth the computation of basic and diluted loss per common share (in thousands, except per share data):


Basic loss per common share	2023		2022		2021
Net loss	$	(30,690)	$	(19,192)	$	(14,834)
Net loss allocated to participating securities	123		98		94
Net loss allocated to common shareholders	$	(30,567)	$	(19,094)	$	(14,740)

Basic weighted-average common shares outstanding	40,743		40,032		38,983
Basic loss per common share	$	(0.75)	$	(0.48)	$	(0.38)

Diluted loss per common share	2023		2022		2021
Net loss	$	(30,690)	$	(19,192)	$	(14,834)
Net loss allocated to participating securities	123		98		94
Net loss allocated to common shareholders	$	(30,567)	$	(19,094)	$	(14,740)



Diluted weighted-average common shares outstanding	40,743		40,032		38,983
Diluted loss per common share	$	(0.75)	$	(0.48)	$	(0.38)

We excluded stock options from the calculation of diluted weighted-average common shares outstanding if the per share value, including the sum of (i) the exercise price of the options and (ii) the amount of the compensation cost attributed to future services and not yet recognized, was greater than the average market price of the shares because the inclusion of these stock options would be antidilutive to loss per common share. For the years ended December 31, 2023, 2022, and 2021 all stock options and awards were excluded from the calculation of diluted weighted-average common shares outstanding as these would be antidilutive to the net loss.