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Net Loss per Share
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss per Share

Note 7. Net Loss per Share

 

Basic net loss per share is computed by dividing net loss for the period by the weighted average shares of common stock outstanding during each period. Diluted net loss per share is computed by dividing net loss for the period by the weighted average shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. The Company uses the treasury stock method to determine whether there is a dilutive effect of outstanding option grants.

 

The following securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been anti-dilutive:

 

   For the three months ended   For the six months ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
Stock options   118,388    118,388    118,388    118,388 
Warrants   1,043,525    762,920    1,043,525    762,920 
Total common stock equivalents   1,161,913    881,308    1,161,913    881,308