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Basic and Diluted Net Loss per Common Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss per Common Share

 

14) Basic and Diluted Net Loss per Common Share

 

The following table sets forth the computation of the net loss per share attributable to common stockholders, basic and diluted (in thousands, except per share data):

 

   2024   2023 
   Years ended December 31, 
   2024   2023 
Numerator:        
Net loss attributable to common stockholders  $(44,555)  $(21,684)
           
Denominator:          
Weighted average shares outstanding - basic and diluted   13,647    5,314 
           
Net loss per common share - basic and diluted  $(3.26)  $(4.08)

 

Since the Company was in a net loss position for all periods presented, the net loss per share attributable to common stockholders was the same on a basic and diluted basis, as the inclusion of all potential common equivalent shares outstanding would have been anti-dilutive.

 

The following table presents the amount of stock options, warrants, convertible preferred stock, convertible notes and restricted stock units (“RSUs”) that were excluded from the computation of diluted net loss per share of common stock for the years ended December 31, 2024 and 2023, as their effect was anti-dilutive (in thousands):

 

   2024   2023 
   Years ended December 31, 
   2024   2023 
Stock options   2,629    389 
Warrants   484    18,922 
Preferred stock converted into common stock   31    18 
Convertible Notes converted into common stock   -    7,877 
RSUs   -    1 
Total potential common shares excluded from computation   3,144    27,207