Net Loss Per Common Share

3 Months Ended

Mar. 31, 2023

Net Loss Per Common Share

Net Loss Per Common Share

10. Net Loss Per Common Share

The following table sets forth the computation of basic and diluted net loss per share for the periods indicated (in thousands, except share and per share data):

	Three Months Ended March 31,
	2023		2022
Basic and diluted net loss per common share calculation:
Net loss	$	(7,819)	$	(16,389)
Weighted average common shares outstanding		9,594,072		6,620,800
Net loss per share of common stock - basic and diluted	$	(0.81)	$	(2.48)

The pre-funded warrants to purchase common shares issued in connection with the November 2022 offering are included in the calculation for basic and diluted net loss per share due to the nominal exercise price and perpetual term of the pre-funded warrants.

The following outstanding securities at March 31, 2023 and 2022 have been excluded from the computation of diluted weighted shares outstanding, as they would have been anti-dilutive:

	March 31,
	2023	2022
Options outstanding	334,060	506,662
RSUs outstanding	834,720	236,737
Warrants outstanding	3,145,394	11,014
Total	4,314,174	754,413