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Net Loss Per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

12. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share and per share amounts):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

 

2023

 

 

 

2024

 

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

 

(3,954

)

 

$

 

(6,304

)

 

$

 

(3,824

)

 

$

 

(25,592

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

 

10,746,802

 

 

 

 

5,661,933

 

 

 

 

10,106,300

 

 

 

 

3,255,868

 

Weighted-average pre-funded warrants outstanding, basic and diluted

 

 

306,506

 

 

 

 

—

 

 

 

 

269,456

 

 

 

 

—

 

Weighted-average placement agent warrants outstanding, basic and diluted

 

 

75,745

 

 

 

 

—

 

 

 

 

66,029

 

 

 

 

—

 

Weighted-average number of shares used to calculate basic and diluted net loss per share

 

 

11,129,053

 

 

 

 

5,661,933

 

 

 

 

10,441,785

 

 

 

 

3,255,868

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share - basic and diluted

$

 

(0.36

)

 

$

 

(1.11

)

 

$

 

(0.37

)

 

$

 

(7.86

)

 

The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:

 

 

 

As of June 30,

 

 

 

2024

 

 

2023

 

Stock options to purchase common stock

 

 

2,140,954

 

 

 

1,739,747

 

Warrants to purchase common stock

 

 

5,654,299

 

 

 

276,437

 

Total

 

 

7,795,253

 

 

 

2,016,184