Net Loss per Share

12 Months Ended

Dec. 31, 2023

Net loss per share attributable to common stockholders:

Net Loss per Share

11. Net Loss per Share

The following is a reconciliation of the numerator (net loss) and the denominator (number of shares) used in the basic and diluted earnings per share calculations (in thousands):

	Year Ended December 31,
	2023			2022
Net loss	$	(20,713	)	$	(18,292	)
Cumulative dividend on convertible preferred stock		(1,343	)		(1,343	)
Net loss attributable to common stockholders	$	(22,056	)	$	(19,635	)
Weighted average number of common shares and equivalents:		80,702,358			76,061,183
Basic EPS	$	(0.27	)	$	(0.26	)
Diluted EPS	$	(0.27	)	$	(0.26	)

The following table sets forth the number of common shares that were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive as follows:

	December 31,
	2023		2022
Shares issuable upon vesting/exercise of:
Options to purchase common stock		3,650,115		3,208,065
Series A Convertible Preferred Stock and Accumulated Dividends		49,375,135		47,364,216
Series B Convertible Preferred Stock		-		5,610,121
Restricted stock units		1,502,131		1,208,739
		54,527,381		57,391,141