Quarterly report pursuant to Section 13 or 15(d)

Note 15 - Net Loss Per Share

v3.24.3
Note 15 - Net Loss Per Share
9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

15.         Net Loss Per Share

 

The following table sets forth the computation of basic and diluted net loss per share:

 

   

Three Months Ended

   

Nine Months Ended

 
   

September 30,

   

September 30,

 
   

2024

   

2023

   

2024

   

2023

 

Numerator:

                               

Net loss applicable to common stockholders, basic and diluted

  $ (2,072 )   $ (3,365 )   $ (7,917 )   $ (11,984 )
                                 

Denominator:

                               

Weighted-average number of common shares, basic and diluted

    20,310       14,073       18,657       13,672  
                                 

Net loss per common share, basic and diluted

  $ (0.10 )   $ (0.24 )   $ (0.42 )   $ (0.88 )

 

The following table sets forth potential shares of common stock that are not included in the calculation of diluted net loss per common share because to do so would be anti-dilutive as of the end of each period presented:

 

   

Three Months Ended

   

Nine Months Ended

 
   

September 30,

   

September 30,

 
   

2024

   

2023

   

2024

   

2023

 

Options to purchase common stock

    185       254       185       254  

Restricted stock units

    1,034       1,474       1,034       1,474  

Warrants for common stock(1)

    13,047       1,240       13,047       1,240  

Total common stock equivalents

    14,266       2,968       14,266       2,968  

(1) Represents the number of shares of common stock underlying our outstanding warrants as of such dates except for the 2,900 shares of common stock underlying the Pre-Funded Warrant issued during the three and nine months ended September 30, 2024. Refer to Note 11. Capitalization and Equity Structure – Warrants for additional information regarding the warrants.