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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Schedule of the reconciliation of basic and diluted loss per share

The following table sets forth the reconciliation of basic and diluted loss per share for the three and nine months ended September 30, 2024 and 2023 (in thousands except per share data):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

2023

 

Net loss

 

$

(4,388

)

 

$

(35,529

)

 

$

(66,347

)

$

(92,931

)

Premium on redemption of Preferred Stock

 

 

 

 

 

(52,645

)

 

 

 

 

(52,645

)

Net loss for basic and diluted loss per share available to common stockholders

 

$

(4,388

)

 

$

(88,174

)

 

$

(66,347

)

$

(145,576

)

Weighted average number of shares outstanding

 

 

117,717

 

 

 

139,808

 

 

 

109,649

 

 

141,358

 

Weighted average common stock warrants exercisable for nominal consideration

 

 

9,247

 

 

 

 

 

 

8,917

 

 

 

Weighted average number of shares, basic and diluted

 

 

126,964

 

 

 

139,808

 

 

 

118,566

 

 

141,358

 

Loss per share

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted

 

$

(0.03

)

 

$

(0.63

)

 

$

(0.56

)

$

(1.03

)