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Net Loss per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss per Share
Basic net loss per share is determined by dividing net loss by the weighted average shares of common stock outstanding during the period, without consideration of potentially dilutive securities, except for those shares that are issuable for little or no cash consideration. Diluted net loss per share is determined by dividing net loss by diluted weighted average shares outstanding. Diluted weighted average shares reflects the dilutive effect, if any, of potentially dilutive common shares, such as stock options and warrants calculated using the treasury stock method. In periods with reported net operating losses, all common stock options, convertible preferred shares, and preferred and common warrants are generally deemed anti-dilutive such that basic net loss per share and diluted net loss per share are equal.
The following potentially dilutive securities were excluded from the computation of earnings per share as of March 31, 2024 and 2023 because their effects would be anti-dilutive:
March 31,
20242023
Common stock warrants3,627,4093,658,520
Assumed conversion of preferred stock warrants4,149,99411,896,667
Assumed conversion of preferred stock2,564,9118,681,176
Assumed conversion of convertible notes488,031488,031
Stock options6,039,1752,894,393
Total16,869,52027,618,787
As of March 31, 2024 and 2023, the Company had 2,045,894 and 1,576,620 pre-funded warrants outstanding, respectively. The following table provides a reconciliation of the weighted average shares outstanding calculation for the three months ended March 31, 2024 and 2023:
Three months ended March 31,
20242023
Weighted average shares issued23,705,37410,081,634
Weighted average pre-funded warrants1,181,8061,540,750
Weighted average shares outstanding24,887,18011,622,384