Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.26.1
Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share. Share and per share amounts for the periods ended March 31, 2026 and 2025, have been adjusted retrospectively for the Reverse Stock Split. The numerator amounts are in thousands of dollars.

 

    2026     2025  
    Three Months Ended  
    March 31,  
    2026     2025  
Numerator:                
Loss from continuing operations   $ (3,928 )   $ (961 )
Net income from discontinued operations     10,268       1,419  
Net income   $ 6,340     $ 458  
Denominator:                
Weighted-average shares used in computing net loss per share, basic and diluted     1,265,067       324,431  
Earnings (loss) per share – basic and diluted        
Continuing operations   $ (3.11 )   $ (2.96 )
Discontinued operations     8.12       4.37  
Net earnings per share, basic and diluted   $ 5.01     $ 1.41  
Schedule of Dilutive Common Shares were Excluded from Calculation of Diluted

The potentially dilutive common shares that were excluded from the calculation of diluted net income per share because their effect would have been antidilutive are as follows. Share amounts for the periods ended March 31, 2026 and 2025, have been adjusted retroactively for the applicable Reverse Stock Split.

 

    2026     2025  
    Three Months Ended  
    March 31,  
    2026     2025  
Shares subject to options to purchase common stock     26,077       40,010  
Unvested and unissued restricted stock units     85,000        
Shares subject to warrants to purchase common stock     62,979       19,444  
Total     174,056       59,454