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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Common Share Equivalents Included from Computation of Net Loss Per Share basic and diluted net loss per share was the same for the periods presented due to the Company’s net loss position.

 

 

For the Three Months
Ended June 30,

 

 

For the Six Months
Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

(In thousands, except share and per share data)

 

 

 

 

(As Restated)

 

 

 

 

 

(As Restated)

 

Net loss used in the calculation of basic and diluted loss per share

 

$

(44,907

)

 

$

(65,760

)

 

$

(68,538

)

 

$

(76,532

)

Net loss per share, basic and diluted

 

$

(1.06

)

 

$

(2.74

)

 

$

(1.90

)

 

$

(3.99

)

Weighted-average number of common shares, basic and diluted

 

 

42,278,411

 

 

 

24,006,549

 

 

 

36,133,906

 

 

 

19,173,080

 

Summary of Common Share Equivalents were excluded because the Inclusion is Anti-dilutive

The computation of diluted earnings per share excludes incentive stock options, restricted stock units and warrants that are anti-dilutive. The following table provides a summary as of June 30, 2024 and 2023 of common share equivalents that were excluded because their inclusion would have been anti-dilutive.

 

 

 

For the Six Months
Ended June 30,

 

 

 

2024

 

 

2023

 

 

 

 

 

Stock options outstanding and other equity awards

 

 

15,223,757

 

 

 

6,686,360

 

Common and preferred warrants outstanding

 

 

18,567,751

 

 

 

18,577,332

 

Total

 

 

33,791,508

 

 

 

25,263,692