Quarterly report [Sections 13 or 15(d)]

Net Income (Loss) Per Share (Tables)

v3.26.1
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 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 amounts for the periods ended June 30, 2025, have been adjusted retrospectively for the Reverse Stock Split (in thousands of dollars):

 

                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2026     2025     2026     2025  
Numerator:                        
Loss from continuing operations   $ (1,238 )     (1,860 )     (5,166 )     (2,821 )
Income/(loss) from discontinued operation     (9 )     (5,615 )     10,259       (4,196 )
Net income/(loss)   $ (1,247 )   $ (7,475 )   $ 5,093     $ (7,017 )
Denominator:                                
Weighted-average shares used in computing net loss per share, basic and diluted     1,350,914       528,367       1,308,227       426,962  
Earnings (loss) per share – basic and diluted                                
Continuing operations     (0.91 )     (3.52 )     (3.95 )     (6.61 )
Discontinued operations     (0.01 )     (10.63 )     7.84       (9.82 )
Net income (loss) per share, basic and diluted   $ (0.92 )   $ (14.15 )   $ 3.89     $ (16.43 )
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 loss per share because their effect would have been antidilutive are as follows. Share amounts for the periods ended June 30, 2025, have been adjusted retroactively for the Reverse Stock Split.

 

                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2026     2025     2026     2025  
Shares subject to options to purchase common stock     2,721       37,543       2,721       37,543  
                                 
Unvested restricted stock units     85,000       —       85,000       —  
Shares subject to warrants to purchase common stock     62,979       50,000       62,979       50,000  
Total     150,700       87,543       150,700       87,543