Basis of Presentation, Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Summary of Basic and Diluted Net Loss Per Share

Basic and diluted net income (loss) per share for the three and six months ended June 30, 2024 and 2023 was calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and per share amounts)	2024		2023		2024		2023
Numerator:
Net Income (Loss)	$	343	$	(3,305)	$	(1,388)	$	(5,055)
Less: Undistributed Earnings to Participating Securities	(58)		—		—		—
Net Income (Loss) Attributable to Common Stockholders	$	285	$	(3,305)	$	(1,388)	$	(5,055)
Denominator:
Weighted Average Number of Shares of Common Stock Outstanding - Basic	30,451,622		18,496,640		29,889,413		18,480,248
Incremental Shares Attributable to the Assumed Exercise of Outstanding Options to Purchase Common Stock	35,185		—		—		—
Incremental Shares Attributable to the Assumed Vesting of Unvested Restricted Stock Units	183,333		—		—		—
Incremental Shares Attributable to the Assumed Conversion of Preferred Stock	1,363,636		—		—		—
Weighted Average Number of Shares of Common Stock Outstanding - Diluted	32,033,776		18,496,640		29,889,413		18,480,248
Net Loss per Share Attributable to Common Stockholders - Basic	$	0.01	$	(0.18)	$	(0.05)	$	(0.27)
Net Loss per Share Attributable to Common Stockholders - Diluted	$	0.01	$	(0.18)	$	(0.05)	$	(0.27)

Summary of Potentially Dilutive Securities

The following table includes the potential shares of common stock, presented based on amounts outstanding at each period end, that were excluded from the computation of diluted net income (loss) per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Warrants to Purchase Common Stock	3,984,484	10,196,268	3,984,484	10,196,268
Options to Purchase Common Stock	342,331	1,570,599	1,895,031	1,570,599
Convertible Preferred Stock	—	1,363,636	1,363,636	1,363,636
Unvested Restricted Stock Units	—	313,065	534,309	313,065
Unvested Restricted Stock Awards	891	891	891	891
Total	4,327,706	13,444,459	7,778,351	13,444,459