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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

($ in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net loss for basic and diluted calculation

 

$

(15,430

)

 

$

(12,241

)

 

$

(19,249

)

 

$

(21,012

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for calculating basic and diluted loss per share(*)

 

 

13,098,825

 

 

 

12,617,128

 

 

 

12,948,189

 

 

 

12,581,608

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share(*)

 

$

(1.18

)

 

$

(0.97

)

 

$

(1.49

)

 

$

(1.67

)

 

* -

Prior year per-share amounts and number of shares, as applicable, have been revised to reflect the Reverse Stock Split effective November 29, 2024.

 

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income Per Share

For purposes of computing diluted loss per share, weighted average common shares outstanding do not include potentially dilutive securities that are anti-dilutive, as shown below.

 

 

For the three and six months ended June 30,

 

 

 

2025

 

 

2024

 

Anti-dilutive securities excluded from calculating dilutive loss per share:

 

 

 

 

 

 

Shares of common stock issuable under stock option plans outstanding

 

 

206,405

 

 

 

238,630

 

Shares of common stock issuable upon vesting of RSUs

 

 

1,974,750

 

 

 

1,152,168

 

Potential common shares excluded from diluted net loss per share calculation

 

 

2,181,155

 

 

 

1,390,798