EARNINGS (LOSS) PER SHARE

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 9 — EARNINGS (LOSS) PER SHARE

Basic loss per share (“EPS”) is computed by dividing net loss by the weighted-average number of common shares outstanding. Diluted EPS is computed based on the sum of the weighted-average number of common shares and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares consist of shares issuable from stock options and warrants. The Company has included pre-funded warrants in its computation of basic net loss per share based on the nominal exercise price.

The following potentially dilutive securities have been excluded from diluted net loss per share as of September 30, 2024 and 2023 because their effect would be anti-dilutive:

	As of September 30,
	2024		2023
Shares of common stock subject to outstanding options		6,740		8,324
Shares of common stock subject to outstanding warrants		90,023		81,199
Shares of common stock subject to outstanding convertible debt		246,003		—
Total common stock equivalents		342,766		89,523