XML 48 R19.htm IDEA: XBRL DOCUMENT v3.23.4

Net Loss Per Share

9 Months Ended

12 Months Ended

Sep. 30, 2023

Dec. 31, 2022

Net Loss per Share

Net Loss Per Share

(13) Net Loss per Share

The Company reported net losses for the three and nine months ended September 30, 2023 and 2022. Reported basic and diluted net loss per share attributable to common stockholders are the same for each period because shares issuable in connection with Contingent Securities have been excluded from the computation of diluted weighted-average shares outstanding. The effect of their inclusion would have been antidilutive.

In accordance with ASC 260-10-45-13, a pre-funded, or penny, warrant is an instrument that requires the holder to pay little or no consideration to receive the shares upon exercise of the warrant. Since the shares underlying the PFWs are issuable for little or no consideration, the Company considered them outstanding in the context of basic earnings per share.

The following table sets forth the computation of basic and diluted loss per share:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

Nine months ended

​

​

September 30,

​

September 30,

​

2023

2022

2023

2022

Basic and diluted loss per share

​

​

​

​

​

​

​

​

​

​

​

​

Net loss

​

$

(5,299,962)

​

$

(4,289,610)

​

$

(14,458,548)

​

$

(12,430,912)

Weighted-average common shares outstanding

​

3,157,194

​

648,862

​

1,708,889

​

648,862

Net loss per share

​

$

(1.68)

​

$

(6.61)

​

$

(8.46)

​

$

(19.16)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

(13) Net Loss Per Share

The Company reported net losses for the years ended December 31, 2022 and 2021, respectively. Basic and diluted net loss per share attributable to common stockholders are the same for both periods because shares issuable in connection with Contingent Securities have been excluded from the computation of diluted weighted-average shares outstanding. The effect of their inclusion would have been antidilutive.

The following table sets forth the computation of basic and diluted loss per share:

​

​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2022			2021
Basic and diluted net loss per share	​	​	​	​	​	​
Net loss	​	$	(17,564,968)		$	(6,843,399)
Weighted-average common shares outstanding	​	​	12,977,234	​	​	8,425,880
Net loss per share	​	$	(1.35)	​	$	(0.81)
​	​	​	​	​	​	​

​

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-3

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration