Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v3.24.1.1.u2
Loss Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
Basic net loss per share of common stock is computed by dividing net loss by the weighted average number of common stock outstanding during each period. Diluted net loss per common stock includes the effect, if any, from the potential exercise or conversion of securities, such as options and warrants which would result in the issuance of incremental common stock. In computing basic and diluted net loss per share, the weighted average number of shares is the same for both calculations due to the fact that a net loss existed for both the three months ended months ended March 31, 2024 and 2023.
The Company calculated basic and diluted net loss per share as follows:
Three Months Ended March 31,
2024 2023
Numerator
Net Loss $(6,499) $(5,239)
Denominator
Weighted average shares, basic and diluted 53,058,667 37,491,072
Net loss per share $(0.12) $(0.14)
The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares of common stock outstanding, as they would be anti-dilutive:
March 31,
2024
March 31,
2023
Common stock warrants 4,103,267 2,801,703
Stock options and stock appreciation rights 9,338,865 9,477,307
Restricted stock units 1,686,386 263,155
15,128,518 12,542,165