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Net Loss Per Share
 12 Months Ended
Dec. 31, 2024
Net Loss Per Share  
Net Loss Per Share

Note 2. Net Loss Per Share

 

Basic net loss per share was computed using the weighted-average number of common shares outstanding during the reporting period, except that it did not include unvested common shares subject to repurchase or cancellation. Diluted net loss per share was computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consisted of the incremental common shares issuable upon the exercise of stock options. For the years ended December 31, 2024 and 2023, there was no difference in the number of shares used to calculate basic and diluted shares outstanding as the inclusion of the potentially dilutive securities would be antidilutive.

 

The outstanding securities in the table below have been excluded from the computation of diluted weighted shares outstanding for the years noted below, as they would have been anti-dilutive due to the Company’s losses at December 31, 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.

 

 

 

Years Ended

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Stock options outstanding

 

 

464,940

 

 

 

510,787

 

Restricted stock awards outstanding

 

 

781,864

 

 

 

557,688

 

Total

 

 

1,246,804

 

 

 

1,068,475