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Net Loss Per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

Note 12 – NET LOSS PER SHARE

 

The following table provides the computation of the basic and diluted net loss per share during the three months ended March 31, 2023 and 2022 (in thousands, except share and per share data):

 

   Three Months Ended
March 31,
 
   2023   2022 
Numerator:        
Net loss  $(7,096)  $(6,932)
Denominator:          
Weighted average shares used in computing net loss per share, basic and diluted   37,541,070    32,744,004 
           
Net loss per share, basic and diluted  $(0.19)  $(0.21)

 

The potential shares of common stock that were excluded from the computation of diluted net loss per share for the three months ended March 31, 2023 and 2022 because including them would have been antidilutive are as follows:

 

   Three Months Ended
March 31,
 
   2023   2022 
Shares subject to options to purchase common stock   7,880,455    6,321,937 
Shares subject to warrants to purchase common stock   4,555,643    1,938,143 
Total   12,436,098    8,260,080 

 

For the three months ended March 31, 2023, performance-based option awards for 150,200 shares of common stock, and for the three months ended March 31, 2022, performance-based option awards for 50,200 shares of common stock, are not included in the table above or considered in the calculation of diluted earnings per share because the performance conditions of the option award are not considered probable by the Company.