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Net Loss Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

15. Net Loss Per Share

Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share data):

 

 

 

THREE MONTHS ENDED
MARCH 31,

 

Numerator:

 

2024

 

 

2023

 

Net loss

 

$

(8,221

)

 

$

(8,795

)

Denominator:

 

 

 

 

 

 

Weighted-average shares of common stock
   outstanding – basic and diluted

 

 

29,197,537

 

 

 

28,919,810

 

Net loss per share – basic and diluted

 

$

(0.28

)

 

$

(0.30

)

The Company’s potentially dilutive securities have been excluded from the computation of dilutive net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share is the same.

The Company excluded the following potential shares of common stock from the computation of diluted net loss per share because including them would have had an anti-dilutive effect.

 

 

 

AS OF MARCH 31,

 

 

 

2024

 

 

2023

 

Outstanding warrants for common stock

 

 

7,507,708

 

 

 

7,507,708

 

Outstanding stock options (as converted to common stock)

 

 

5,112,673

 

 

 

5,479,355

 

Unvested restricted stock

 

 

2,306,889

 

 

 

612,366

 

 

 

14,927,270

 

 

 

13,599,429