Earnings per Share (EPS)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Earnings per Share (EPS)

Earnings per Share (EPS)

The calculation of basic and diluted earnings per share is presented below. The sum of the earnings per share amounts may not equal the totals due to rounding.

	Three Months Ended March 31,
	2024		2023
Numerator:
Net loss	$	(2,885)	$	(7,737)
Denominator:
Weighted-average shares used in basic EPS	176,997		174,626
Dilutive effect of common stock equivalents (1)	—		—
Weighted-average shares used in diluted EPS	176,997		174,626
Basic net loss per share	$	(0.02)	$	(0.04)
Diluted net loss per share	$	(0.02)	$	(0.04)
Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	7,063		8,148

(1)    Due to the net loss for the three months ended March 31, 2024 and 2023, an additional 4.5 million and 4.7 million, respectively, of common stock equivalents were also excluded from the calculation of diluted earnings per share.