Note
3. 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 attributable to common stockholders:
Schedule
of Computation of Basic and Diluted Net Loss Per Share
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
|
|
(In thousands, except share and per share data) |
|
|
(In thousands, except share and per share data) |
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(13,756 |
) |
|
$ |
(172 |
) |
|
$ |
(39,167 |
) |
|
$ |
(28,486 |
) |
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic weighted average shares outstanding |
|
|
14,041,712 |
|
|
|
565,026 |
|
|
|
13,721,680 |
|
|
|
534,381 |
|
Diluted weighted average shares outstanding |
|
|
14,041,712 |
|
|
|
565,026 |
|
|
|
13,721,680 |
|
|
|
534,381 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
(0.98 |
) |
|
$ |
(0.30 |
) |
|
$ |
(2.85 |
) |
|
$ |
(53.31 |
) |
Diluted |
|
$ |
(0.98 |
) |
|
$ |
(0.30 |
) |
|
$ |
(2.85 |
) |
|
$ |
(53.31 |
) |
The
following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation
of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:
Schedule of Potentially Dilutive Shares Excluded from Computation of Net Loss Per Share
|
|
For
the Three and Six Months Ended
June 30, |
|
|
|
2025 |
|
|
2024 |
|
|
|
|
|
|
|
|
Common
stock warrants |
|
|
36,892 |
|
|
|
207,417 |
|
Common
stock options |
|
|
9,971 |
|
|
|
20,808 |
|
Restricted
stock units |
|
|
303,577 |
|
|
|
36,384 |
|
Total
potentially dilutive common share equivalents |
|
|
350,440 |
|
|
|
264,609 |
|
Total
potentially dilutive common share equivalents for the three and six months ended June 30, 2025 and 2024 excludes 41,444 shares related
to the earnout liability as these shares are contingently issuable upon meeting certain triggering events.
|