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Net Loss Per Share
 3 Months Ended
Mar. 31, 2025
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 months ended March 31, 2025 and 2024, as they would have been anti-dilutive due to the Company’s losses at March 31, 2025 and 2024 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 Months Ended

March 31,

 

 

 

2025

 

 

2024

 

Stock options outstanding

 

 

429,454

 

 

 

555,582

 

Restricted stock awards outstanding

 

 

743,702

 

 

 

557,688

 

Total

 

 

1,173,156

 

 

 

1,113,270