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Net Loss Per Share
 9 Months Ended
Sep. 30, 2024
Net Loss Per Common Share  
Net Loss Per Share

Note 2. Net Loss Per Share

 

Basic net loss per share is computed using the weighted-average number of common shares outstanding during the reporting period, except that it does not include unvested common shares subject to repurchase or cancellation. Diluted net loss per share is computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options.

 

The outstanding securities noted below have been excluded from the computation of diluted weighted shares outstanding for the three and nine months ended September 30, 2024 and 2023, as they would have been anti-dilutive due to the Company’s losses at September 30, 2024 and 2023 and also because the exercise price of certain of these outstanding securities was greater than the average closing price of the Company’s common stock.

 

 

 

Three and Nine Months Ended

 

 

 

September 30,

 

 

 

2024

 

 

2023

 

Stock options outstanding

 

547,362

 

 

503,843

 

Restricted stock awards outstanding

 

 

545,992

 

 

 

451,404

 

Total

 

1,093,354

 

 

955,247