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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 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 March 31,

 

 

 

2024

 

 

2023

 

(In thousands, except share and per share data)

 

(As Restated)

 

 

 

 

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

 

$

(23,631

)

 

$

(10,772

)

Net loss per share, basic and diluted

 

$

(0.79

)

 

$

(0.75

)

Weighted-average number of common shares, basic and diluted

 

 

29,989,400

 

 

 

14,285,905

 

 

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 March 31, 2024 and 2023 of common share equivalents that were excluded because their inclusion would have been anti-dilutive.

 

 

 

For the Three Months
Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

 

 

Stock options outstanding and other equity awards

 

 

15,596,742

 

 

 

6,812,385

 

Common and preferred warrants outstanding

 

 

18,577,333

 

 

 

3,425,814

 

Total

 

 

34,174,075

 

 

 

10,238,199