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Net Loss Per Share

12 Months Ended

Dec. 31, 2023

Net Loss per Common Share

Net Loss Per Share

15. Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:


		Years ended December 31,
		2023			2022
Numerator:
Net loss		$	(22,555)		$	(21,198)
Dividend on convertible exchangeable preferred shares			(201)			(201)
Net loss attributable to common shareholders		$	(22,756)		$	(21,399)
Deemed dividend on accretion of redeemable common stock						(135)
Remaining undistributed loss			(22,756)			(21,534)

		Years ended December 31, 2023						Years ended December 31, 2022
		Common Shareholders			Redeemable Common Shareholders			Common Shareholders			Redeemable Common Shareholders
Allocation of undistributed loss		$	(22,756)		$	—		$	(18,872)		$	(2,662)
Deemed dividend on accretion of redeemable common stock			—			—						135
Net loss attributable to common shareholders			(22,756)			—			(18,872)			(2,527)

Denominator:
Weighted-average number of common shares used in loss per share – basic and diluted			850,815			—			657,620			92,759
Loss per share - basic and diluted		$	(26.75)		$	—		$	(28.70)		$	(27.24)
Distributed earnings			—			—			—			1.46
Undistributed loss			(26.75)			—			(28.70)			(28.70)
Net loss per share		$	(26.75)		$	—		$	(28.70)		$	(27.24)

Potential dilutive securities have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


		December 31,		December 31,
		2023		2022
Stock options		142,796		107,373
Restricted Stock Units		34,498		9,177
6% convertible exchangeable preferred stock		6		6
Series A preferred stock		440		440
Series B preferred stock		39,667		79,248
Common stock warrants		635,550		215,625
Total shares excluded from calculation		852,957		411,869