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Loss per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share of Common Stock

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

 

 

For the Year Ended December 31,

 

 

2024

 

 

2023

 

Basic and diluted net loss per share of common stock calculation:

 

 

 

 

 

 

Net loss

 

$

(12,978

)

 

$

(13,316

)

Change in fair value of warrants

 

 

(5,047

)

 

 

-

 

Net loss attributable to common stockholders - diluted

 

$

(18,025

)

 

$

(13,316

)

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding - basic

 

 

6,640,251

 

 

 

3,140,925

 

Net loss per share of common stock - basic

 

$

(1.95

)

 

$

(4.24

)

 

 

 

 

 

 

 

Weighted average shares of common stock - diluted

 

 

7,700,774

 

 

 

3,140,925

 

Net loss per share of common stock - diluted

 

$

(2.34

)

 

$

(4.24

)

Schedule of Antidilutive Securities Excluded from Diluted (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:

 

 

For the Year Ended December 31,

 

 

2024

 

 

2023

 

Outstanding stock options

 

 

598,540

 

 

 

140,109

 

Preferred stock

 

 

28,190

 

 

 

28,190

 

Outstanding warrants

 

 

7,183,064

 

 

 

142,733

 

Total

 

 

7,809,794

 

 

 

311,032