XML 26 R15.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Note 9 - (Loss) Per Share Applicable to Common Stockholders
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 9 (LOSS) PER SHARE APPLICABLE TO COMMON STOCKHOLDERS

 

Basic (loss) per common share is computed by dividing net income by the weighted average number of common shares outstanding during the reporting period. Diluted (loss) per common share is computed similar to basic (loss) per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock. Diluted weighted average common shares include common stock potentially issuable under the Company’s convertible preferred stock, warrants and vested and unvested stock options.

 

The following securities were not included in the diluted net loss per share calculation because their effect was anti-dilutive as of the periods presented (in thousands):

 

   

For the three months ended

 
   

March 31,

 
   

2024

   

2023

 

Options

    5,142       5,972  

Warrants

    40,338       40,338  

Series A convertible preferred shares

    28,588       29,361  

Total

    74,068       75,671