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Net Loss Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share
NOTE 10. NET LOSS PER SHARE
The Company computes loss per common share using the
two-class
method required for participating securities. Basic and diluted loss per share was the same for each period presented as the inclusion of all potential common stock outstanding would have been anti-dilutive.
The table below provides potentially dilutive securities not included in the calculation of the diluted net loss per common share because to do so would be anti-dilutive:
 
   
Year Ended December 31,
 
   
2021
   
2020
 
Shares issuable upon exercise of stock options
    3,835,618       1,001,517  
Shares issuable upon conversion of Series A Preferred Stock
    —         477,297  
Shares issuable upon conversion of Series
A-1
Preferred Stock
    —         7,537,879  
Shares issuable upon conversion of Series B Preferred Stock
    —         11,862,043  
Shares issuable upon exercise of common stock warrants
    —         385,693  
Shares issuable upon exercise of preferred stock warrant
    —         447,426  
   
 
 
   
 
 
 
Total
    3,835,618       21,711,855