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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Reconciliation of the Numerator and Denominator Used in the Calculation of Basic and Diluted Net Loss per Share of Class A Common Stock
A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share of Class A common stock is as follows (amounts in thousands, except per share amounts):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2024
2023(*)
2024
2023(*)
Numerator:
Net loss$(5,840)$(8,540)$(18,268)$(21,525)
Less: Net loss attributable to noncontrolling interests(1,057)(1,886)(3,440)(4,753)
Net loss attributable to common shareholders of vTv Therapeutics Inc., basic and diluted(4,783)(6,654)(14,828)(16,772)
Denominator:
Weighted average vTv Therapeutics Inc. Class A common stock, basic and diluted (1)
5,456,307 2,084,973 5,498,479 2,084,973 
Net loss per share of vTv Therapeutics Inc. Class A common stock, basic and diluted$(0.88)$(3.19)$(2.70)$(8.04)
(*) Adjusted retroactively for reverse stock split
(1)
The shares underlying the pre-funded warrants to purchase shares of the Company’s common stock have been included in the calculation of the weighted-average number of shares outstanding, basic and diluted, for the three and nine months ended September 30, 2024.
Schedule of Potentially Dilutive Securities not Included in Calculation of Diluted Net Loss per Share
Potentially dilutive securities not included in the calculation of dilutive net loss per share are as follows:
September 30, 2024September 30, 2023
Class B common stock (1)(*)
577,349 577,349 
Common stock options granted under the Plan (*)
691,593 238,636 
Common stock warrants (*)
75,595 80,359 
Total (*)
1,344,537 896,344 
(*) Adjusted retroactively for reverse stock split
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(1)Shares of Class B common stock do not share in the Company’s earnings and are not participating securities. Accordingly, separate presentation of loss per share of Class B common stock under the two-class method has not been provided. Each share of Class B common stock (together with a corresponding vTv Unit) is exchangeable for one share of Class A common stock.