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Net Loss per Share
 6 Months Ended
Jun. 30, 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 June 30, 2024 and 2023 because their effects would be anti-dilutive:
June 30,
20242023
Common stock warrants3,627,4093,658,520
Assumed conversion of preferred stock warrants4,108,32811,896,667
Assumed conversion of preferred stock1,454,5094,051,637
Assumed conversion of convertible notes446,563488,031
Stock options6,132,1144,127,932
Total15,768,92324,222,787
As of June 30, 2024 and 2023, the Company had 737,421 and 1,037,792 pre-funded warrants outstanding, respectively. The following table provides a reconciliation of the weighted average shares outstanding calculation for the three and six months ended June 30, 2024 and 2023:
Three months ended June 30,Six months ended June 30,
2024202320242023
Weighted average shares issued27,317,25611,320,45025,511,31510,693,762
Weighted average pre-funded warrants1,047,4751,143,2151,114,6401,341,976
Weighted average shares outstanding28,364,73112,463,66526,625,95512,035,738