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NET LOSS PER SHARE APPLICABLE TO COMMON SHAREHOLDERS
12 Months Ended
Dec. 31, 2023
NET LOSS PER SHARE APPLICABLE TO COMMON SHAREHOLDERS  
NET LOSS PER SHARE APPLICABLE TO COMMON SHAREHOLDERS

NOTE 4:    NET LOSS PER SHARE APPLICABLE TO COMMON SHAREHOLDERS

Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the reporting period. Diluted loss per common share is computed similarly to basic loss per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock.

The following table sets forth the computation of net loss per share for the years ended December 31, 2022 and 2021, respectively:

    

For the Years Ended

December 31, 

    

2022

    

2021

Numerator:

Net loss

$

(29,930,694)

$

(41,878,871)

Denominator:

 

 

Weighted average common shares outstanding

 

8,351,003

 

7,650,567

Net loss per share:

 

 

Basic and diluted

$

(3.58)

$

(5.47)

The following securities, rounded to the thousand, were not included in the diluted net loss per share calculation because their effect was anti-dilutive for the periods presented:

For the Years Ended

December 31, 

    

2022

    

2021

Common stock options

 

886,000

 

768,600

Common stock purchase warrants

 

1,848,000

 

1,983,000

Potentially dilutive securities

 

2,734,000

 

2,751,600