| Schedule of Basic and Diluted Earnings Per Share |
Diluted net loss per share is calculated using the if-converted method, which assumes conversion of all non-voting common stock to voting common stock.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended
June 30, 2024 |
|
|
Six months ended
June 30, 2024 |
|
|
|
Voting common stock |
|
|
Non-voting common stock |
|
|
Voting common stock |
|
|
Non-voting common stock |
|
Basic net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
Numerator |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of undistributed losses |
|
$ |
(27,318 |
) |
|
$ |
(284 |
) |
|
$ |
(51,608 |
) |
|
$ |
(1,041 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares used in basic per share computation |
|
|
48,937,923 |
|
|
|
507,884 |
|
|
|
48,398,265 |
|
|
|
976,089 |
|
Net loss per share, basic |
|
$ |
(0.56 |
) |
|
$ |
(0.56 |
) |
|
$ |
(1.07 |
) |
|
$ |
(1.07 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
Numerator |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of undistributed losses for basic computation |
|
$ |
(27,318 |
) |
|
$ |
(284 |
) |
|
$ |
(51,608 |
) |
|
$ |
(1,041 |
) |
Reallocation of undistributed losses as a result of conversion of
non-voting to voting common shares |
|
|
(284 |
) |
|
|
— |
|
|
|
(1,041 |
) |
|
|
— |
|
Allocation of undistributed losses |
|
$ |
(27,602 |
) |
|
$ |
(284 |
) |
|
$ |
(52,649 |
) |
|
$ |
(1,041 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares used in basic per share computation |
|
|
48,937,923 |
|
|
|
507,884 |
|
|
|
48,398,265 |
|
|
|
976,089 |
|
Add: conversion of non-voting to voting common shares outstanding |
|
|
507,884 |
|
|
|
— |
|
|
|
976,089 |
|
|
|
— |
|
Weighted average number of shares used in diluted per share computation |
|
|
49,445,807 |
|
|
|
507,884 |
|
|
|
49,374,354 |
|
|
|
976,089 |
|
Net loss per share, diluted |
|
$ |
(0.56 |
) |
|
$ |
(0.56 |
) |
|
$ |
(1.07 |
) |
|
$ |
(1.07 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended
June 30, 2023 |
|
|
Six months ended
June 30, 2023 |
|
|
|
Voting common stock |
|
|
Non-voting common stock |
|
|
Voting common stock |
|
|
Non-voting common stock |
|
Basic net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
Numerator |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of undistributed losses |
|
$ |
(13,798 |
) |
|
$ |
(689 |
) |
|
$ |
(28,827 |
) |
|
$ |
(1,514 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares used in basic per share computation |
|
|
37,312,047 |
|
|
|
1,860,759 |
|
|
|
35,460,528 |
|
|
|
1,860,759 |
|
Net loss per share, basic |
|
$ |
(0.37 |
) |
|
$ |
(0.37 |
) |
|
$ |
(0.81 |
) |
|
$ |
(0.81 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
Numerator |
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of undistributed losses for basic computation |
|
$ |
(13,798 |
) |
|
$ |
(689 |
) |
|
$ |
(28,827 |
) |
|
$ |
(1,514 |
) |
Reallocation of undistributed losses as a result of conversion of
non-voting to voting common shares |
|
|
(689 |
) |
|
|
— |
|
|
|
(1,514 |
) |
|
|
— |
|
Allocation of undistributed losses |
|
$ |
(14,487 |
) |
|
$ |
(689 |
) |
|
$ |
(30,341 |
) |
|
$ |
(1,514 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares used in basic per share computation |
|
|
37,312,047 |
|
|
|
1,860,759 |
|
|
|
35,460,528 |
|
|
|
1,860,759 |
|
Add: conversion of non-voting to voting common shares outstanding |
|
|
1,860,759 |
|
|
|
— |
|
|
|
1,860,759 |
|
|
|
— |
|
Weighted average number of shares used in diluted per share computation |
|
|
39,172,806 |
|
|
|
1,860,759 |
|
|
|
37,321,287 |
|
|
|
1,860,759 |
|
Net loss per share, diluted |
|
$ |
(0.37 |
) |
|
$ |
(0.37 |
) |
|
$ |
(0.81 |
) |
|
$ |
(0.81 |
) |
|