Net Loss Per Share

12 Months Ended

Dec. 31, 2023

.Net Loss Per Share

Basic net loss per share is calculated by dividing net loss by the weighted-average number of shares of Common Stock.

As a result of the Company’s net loss incurred for the years ended December 31, 2023 and 2022, all potentially dilutive instruments outstanding would have anti-dilutive effects on per-share calculations for the periods. Therefore, basic and diluted net loss per share were the same for all periods presented below.


	Year Ended December 31, 2023		Year Ended December 31, 2022
Numerator:
Net loss	$	(7,870)	$	(54,410)
Denominator:
Weighted-average number of common shares – basic and diluted	61,255,864		48,734,377
Loss per common share – basic and diluted	$	(0.13)	$	(1.12)

(a)For the years ended December 31, 2023 and 2022, outstanding stock options of 5,733,064 and 6,027,997 to purchase shares of Common Stock, respectively, were anti-dilutive.

(b)For the years ended December 31, 2023 and 2022, outstanding restricted stock units of 3,280,313 and 161,750 to purchase shares of Common Stock, respectively were anti-dilutive.

(c)For the years ended December 31, 2023 and 2022, outstanding warrants of 4,624,977 and 10,564,429 to purchase shares of Common Stock, respectively, were anti-dilutive.