Quarterly report [Sections 13 or 15(d)]

Note 15 - Net Loss Per Share

v3.25.1
Note 15 - Net Loss Per Share
3 Months Ended
Mar. 31, 2025
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 common share:

 

   

Three Months Ended

 
   

March 31,

 
   

2025

   

2024

 

Numerator:

               

Net loss applicable to common stockholders

  $ (2,891 )   $ (3,429 )

Adjustment for deemed dividend (*)

  $ (226 )   $  

Adjusted net loss used for basic and diluted calculation

  $ (3,117 )   $ (3,429 )
                 

Denominator:

               

Weighted-average number of common shares, basic and diluted

    25,393       17,419  
                 

Net loss per common share:

               

Basic and diluted

  $ (0.12 )   $ (0.20 )

 

(*) Deemed dividend represents the Company's incremental fair value of the Inducement Warrant over the gross proceeds received, which reduces income available to common stockholders used for the basic and diluted net loss per common share calculation. Refer to Note 11. Capitalization and Equity Structure – Warrants for additional information regarding the Inducement Warrant.

 

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

 
   

March 31,

 
   

2025

   

2024

 

Options to purchase common stock

    181       197  

Restricted stock units

    836       1,133  

Warrants for common stock

    13,696       1,240  

Shares held in abeyance

    6,984        

Total common stock equivalents

    21,697       2,570