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Net Loss Per Share
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share
9.
Net Loss Per Share

Basic net loss per share attributable to common stockholders is computed by dividing net loss by the weighted average number of common shares outstanding during each period. Diluted net loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares and dilutive potential common share equivalents then outstanding, to the extent they are dilutive. Potential dilutive shares consist of shares that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. Dilutive net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive (in thousands, except per share and share amounts).

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Loss from continuing operations

 

$

(9,477

)

 

 

$

(18,246

)

 

$

(22,369

)

 

$

(36,231

)

Loss from discontinued operations, net of income taxes

 

 

-

 

 

 

(58

)

 

 

-

 

 

(114

)

Net loss

 

$

(9,477

)

 

$

(18,304

)

 

$

(22,369

)

$

(36,345

)

Weighted average common shares outstanding, basic and diluted

 

 

11,205,000

 

 

 

 

6,264,954

 

 

 

11,589,311

 

 

 

6,249,356

 

Basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.85

)

 

 

$

(2.91

)

 

$

(1.93

)

 

$

(5.80

)

Discontinued operations

 

 

-

 

 

 

 

(0.01

)

 

 

-

 

 

 

(0.02

)

Basic and diluted net loss per share

 

$

(0.85

)

 

 

$

(2.92

)

 

$

(1.93

)

 

$

(5.82

)

 

The Company excluded the following weighted average potentially dilutive securities, outstanding for the three and six months ended June 30, 2023 and 2022, from the computation of diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2023 and 2022 because they had an anti-dilutive impact due to the net loss attributable to common stockholders incurred for the periods.

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

Stock issuable upon exercise of warrants

 

 

3,999,999

 

 

 

—

 

 

 

3,999,999

 

 

 

—

 

Stock issuable upon conversion of convertible note

 

 

4,118,181

 

 

 

1,463,415

 

 

 

4,118,181

 

 

 

1,463,415

 

 

Stock options to purchase common stock

 

 

475

 

 

 

—

 

 

 

1,216

 

 

 

250

 

 

Unvested RSUs

 

 

537,713

 

 

 

397,927

 

 

 

334,255

 

 

 

319,920

 

 

 

 

8,656,368

 

 

 

1,861,342

 

 

 

8,453,651

 

 

 

1,783,585