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Note 2 - Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Weighted Average Number of Shares

The following table presents the calculation of weighted average shares used to calculate basic and diluted loss per share (in thousands, except share and per share amounts):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common shares - basic

 

$

(2,344

)

 

$

(31,746

)

 

$

(6,549

)

 

$

(35,776

)

Weighted average shares used in calculating basic loss per share

 

 

20,294,652

 

 

 

8,831,517

 

 

 

18,281,788

 

 

 

5,803,010

 

Basic net loss per common share

 

$

(0.12

)

 

$

(3.59

)

 

$

(0.36

)

 

$

(6.17

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(2,344

)

 

$

(31,746

)

 

$

(6,549

)

 

$

(35,776

)

Change in fair value of warrants

 

 

 

 

 

(5,119

)

 

 

 

 

 

(5,119

)

Net loss attributable to common shares - diluted

 

$

(2,344

)

 

$

(36,865

)

 

$

(6,549

)

 

$

(40,895

)

Weighted-average shares outstanding

 

 

20,294,652

 

 

 

8,831,517

 

 

 

18,281,788

 

 

 

5,803,010

 

Effect of potentially dilutive securities

 

 

 

 

 

152,681

 

 

 

 

 

 

76,341

 

Weighted average shares used in calculating diluted loss per share

 

 

20,294,652

 

 

 

8,984,198

 

 

 

18,281,788

 

 

 

5,879,351

 

Diluted net loss per common share

 

$

(0.12

)

 

$

(4.10

)

 

$

(0.36

)

 

$

(6.96

)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share because their effects would be anti-dilutive:

 

 

 

June 30,

 

 

 

2022

 

 

2021

 

Stock options

 

 

2,656,455

 

 

 

802,455

 

Warrants for common stock

 

 

9,213,008

 

 

 

851,168

 

Series A Convertible Preferred Stock

 

 

6,479

 

 

 

6,479

 

Restricted Stock Units Outstanding

 

 

 

 

 

8,817

 

Total

 

 

11,875,942

 

 

 

1,668,919