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NET LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Calculating Diluted Earnings Per Share The following table sets forth securities outstanding that could potentially dilute the calculation of diluted earnings per share:

Nine Months Ended September 30,

 

 

2024

 

 

2023

 

Stock options outstanding

 

185,642

 

 

195,656

 

Junior Note Warrants

 

 

859,315

 

 

 

 

Public Warrants

 

 

417,770

 

 

 

417,770

 

June 2023 Senior Note Warrants

 

 

335,210

 

 

 

335,211

 

Pre-Funded Warrants

 

 

837,116

 

 

 

 

August 2024 Warrants Issued with Junior Notes

 

 

19,892

 

 

 

 

Unvested restricted stock units

 

 

6,620

 

 

 

23,901

 

If-converted Common Stock from Series A Preferred Stock(1)

 

 

119,445

 

 

 

151,945

 

If-converted Common Stock from convertible notes

 

 

32,932,138

 

 

 

335,661

 

Total

 

 

35,713,148

 

 

1,460,144

 

 

(1) Assumes that all shares of Series A Preferred Stock are converted into Common Stock at a conversion rate equal to $0.25 divided by $5.00 (as adjusted by the Reverse Stock Split), representing the maximum number of shares issuable to holders of Series A Preferred Stock.