Note 15 - Weighted Average Shares Outstanding and Net Loss Per Share

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

15.  Weighted Average Shares Outstanding and Net Loss Per Share

The following table presents a reconciliation of the weighted average shares of common stock used in calculating basic and diluted net loss per share as well as the calculation of basic and diluted net loss per share:

	Three Months Ended March 31,
				As Restated
(in thousands, except per share amounts)	2023			2022
Numerator (basic and diluted)
Net loss attributable to common shareholders	$	(23,023	)	$	(26,733	)
Denominator
Weighted average common shares outstanding, basic		43,764			45,730
Weighted average common shares outstanding, diluted		43,764			45,730
Net loss per share, basic	$	(0.53	)	$	(0.58	)
Net loss per share, diluted	$	(0.53	)	$	(0.58	)

Due to the net losses for the three months ended March 31, 2023 and 2022, RSUs representing 583,000 and 534,000 shares, respectively, and the potential dilution from the 2.75% Convertible Notes converting into 7,309,000 shares of common stock for both periods have been excluded from the number of shares used in calculating diluted net loss per share, as their inclusion would have been antidilutive.