Net Loss Per Share

9 Months Ended

Sep. 30, 2025

13. Net Loss Per Share

The following table presents the calculation of basic and diluted net loss per share of common stock for the periods indicated:


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(In thousands, except share and per share data)	2025			2024			2025			2024
Net loss attributable to common stockholders	$	(9,502	)	$	(9,854	)	$	(30,373	)	$	(28,572	)
Shares used to compute net loss per common stock, basic and diluted		1,513,178			374,805			1,343,443			189,567
Net loss per share attributable to common stockholders, basic and diluted	$	(6.28	)	$	(26.29	)	$	(22.61	)	$	(150.72	)

Basic net loss per share is calculated by dividing net loss by the weighted average number of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock, convertible preferred stock, and certain common stock equivalents outstanding for the period. Common stock equivalents are only included when their effect is dilutive. The Company's potential securities, including warrants, convertible preferred series stock and other common stock equivalents, were excluded because their effect is anti-dilutive. For the prior periods presented, there is no difference in the number of shares used to compute basic and diluted shares outstanding.

The following are the other common stock equivalents of the Company for the nine months ended September 30, 2025 and for the year ended December 31, 2024:


	September 30,		December 31,
	2025		2024
Options issued and outstanding		28,734		30,469
Inducement options issued and outstanding		868		1
Options available for grant under stock option plans		337,402		17,695
Restricted stock units issued and outstanding		8,408		220
Warrants issued and outstanding		2,578,419		3,045
Total		2,953,831		51,430