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Loss per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Common Share

The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated, in thousands except share and per share data:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Basic and diluted net loss per common share calculation:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(2,940

)

 

$

(1,482

)

 

$

(6,201

)

 

$

(6,287

)

Change in fair value of warrants

 

 

(4,694

)

 

 

 

 

 

(4,694

)

 

 

 

Net loss attributable to common stockholders - diluted

 

$

(7,634

)

 

$

(1,482

)

 

$

(10,895

)

 

$

(6,287

)

Weighted average common shares outstanding - basic

 

 

6,500,831

 

 

 

2,509,378

 

 

 

5,411,382

 

 

 

2,415,221

 

Net loss per share of common stock - basic

 

$

(0.45

)

 

$

(0.59

)

 

$

(1.15

)

 

$

(2.60

)

Weighted average common shares outstanding - diluted

 

 

10,742,924

 

 

 

2,509,378

 

 

 

7,532,428

 

 

 

2,415,221

 

Net loss per share of common stock - diluted

 

$

(0.71

)

 

$

(0.59

)

 

$

(1.45

)

 

$

(2.60

)

Schedule of Antidilutive Securities Excluded from Diluted Income (Loss) per Share

The following were excluded from the diluted loss per share calculation for the periods presented because their effect would be anti-dilutive:

 

 

As of June 30,

 

 

2024

 

 

2023

 

Outstanding stock options

 

 

336,928

 

 

 

128,582

 

Preferred stock

 

 

28,190

 

 

 

28,190

 

Outstanding warrants

 

 

142,733

 

 

 

142,733

 

Total

 

 

507,851

 

 

 

299,505