Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share of Common Stock

v3.23.1
Net Loss Per Share of Common Stock
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share of Common Stock Net Loss Per Share of Common Stock
Basic net loss per share of common stock is computed using the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed, when applicable, using the weighted average number of shares of common stock, adjusted to include conversion of "in-the-money" stock options and warrants for common stock and release of common stock in connection with restricted stock units during the period, net of tax as follows:
Years ended December 31,
2022 2021
Numerator:
Net loss $ (15,080) $ (9,764)
Adjustment for gain on fair value of warrant liability —  (1,029)
Adjusted net loss used for dilution calculation $ (15,080) $ (10,793)
Denominator
Weighted-average number of shares outstanding 12,962  12,193 
Effect of potential dilutive shares —  76 
Dilutive weighted-average number of shares outstanding 12,962  12,269 
Net loss per share
Basic $ (1.16) $ (0.80)
Diluted $ (1.16) $ (0.88)
The following table sets forth potential shares of common stock that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive as of the end of each period presented:
Years ended December 31,
2022 2021
Options to purchase common stock 270  491 
Restricted stock units 1,383  655 
Warrants for common stock 1,240  920 
Total common stock equivalents 2,893  2,066