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Net Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

NOTE 9 — Net Income (Loss) Per Share

 

The following table sets forth the computation of the Company’s basic and diluted net loss per share. Share amounts for the periods ended June 30, 2024, have been adjusted retrospectively for the Reverse Stock Split.

 

   2025   2024   2025   2024 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2025   2024   2025   2024 
Numerator:                
Net loss  $(7,475)  $(6,616)  $(7,017)  $(9,522)
Denominator:                    
Weighted-average shares used in computing net loss per share, basic   9,510,601    4,685,352    7,685,323    4,561,741 
Net loss per share, basic  $(0.79)  $(1.41)  $(0.91)  $(2.09)
Weighted-average shares used in computing net loss per share, diluted   9,510,601    4,685,352    7,685,323    4,561,741 
Net loss per share, diluted  $(0.79)  $(1.41)  $(0.91)  $(2.09)

 

 

The potentially dilutive common shares that were excluded from the calculation of diluted net loss per share because their effect would have been antidilutive are as follows. Share amounts for the periods ended June 30, 2024, have been adjusted retroactively for the Reverse Stock Split.

 

   2025   2024   2025   2024 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2025   2024   2025   2024 
Shares subject to options to purchase common stock   675,779    730,649    675,779    730,649 
Unvested restricted stock units   —    61,108    —    61,108 
Shares subject to warrants to purchase common stock   900,000    350,001    900,000    350,001 
Total   1,575,779    1,141,758    1,575,779    1,141,758 

 

Additional warrants and shares of the Company’s common stock were issued subsequent to June 30, 2025. See Note 11, Subsequent Events.