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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Weighted-Average Common Shares Outstanding

The following securities are the weighted-average common shares outstanding used to calculate basic and diluted net loss per common share:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Common stock

 

 

39,360,966

 

 

 

10,287,620

 

 

 

35,824,742

 

 

 

9,206,650

 

March 2022 pre-funded warrants

 

 

-

 

 

 

1,122,819

 

 

 

-

 

 

 

1,227,670

 

May 2023 Tranche A pre-funded warrants

 

 

1,816,427

 

 

 

26,309

 

 

 

2,154,299

 

 

 

8,866

 

May 2023 Tranche B pre-funded warrants

 

 

451,632

 

 

 

-

 

 

 

451,632

 

 

 

-

 

October 2023 pre-funded warrants

 

 

250,000

 

 

 

-

 

 

 

486,496

 

 

 

-

 

Total

 

 

41,879,025

 

 

 

11,436,748

 

 

 

38,917,169

 

 

 

10,443,186

 

Schedule of Potentially Dilutive Securities Outstanding Excluded from Computations of Diluted Weighted-Average Shares Outstanding

The following potentially dilutive securities outstanding have been excluded from the computations of diluted weighted-average shares outstanding for the periods presented because such securities have an antidilutive impact due to losses reported (in common stock equivalent shares):

 

 

 

As of September 30,

 

 

 

2024

 

 

2023

 

Warrants issued to 2010/2012 convertible note
   holders to purchase common stock

 

 

6,804

 

 

 

6,804

 

Warrants issued to underwriter to purchase common stock

 

 

1,100

 

 

 

1,100

 

2018 PIPE warrants

 

 

-

 

 

 

34,241

 

March 2022 common warrants

 

 

1,273,077

 

 

 

2,130,656

 

May 2023 Tranche A warrants

 

 

-

 

 

 

2,867,908

 

May 2023 Tranche B warrants

 

 

4,935,305

 

 

 

14,000,000

 

Options to purchase common stock

 

 

3,523,251

 

 

 

2,300,412

 

Outstanding restricted stock units

 

 

1,072,530

 

 

 

424,244

 

Total

 

 

10,812,067

 

 

 

21,765,365