Net Loss Per Share of Common Stock (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share for common stockholders:

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Net loss	$	(8,717,714	)	$	(10,589,163	)	$	(18,482,143	)	$	(19,393,896	)
Weighted average shares of common stock outstanding		5,340,196			5,340,196			5,340,196			5,340,196
Net loss per share of common stock – basic and diluted	$	(1.63	)	$	(1.98	)	$	(3.46	)	$	(3.63	)

Securities Excluded from Calculation of Weighted Average Shares Outstanding as their Effect is Antidilutive

The following securities outstanding at June 30, 2022 and 2021 have been excluded from the calculation of weighted average shares outstanding as their effect on the calculation of loss per share is antidilutive:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Common stock options		467,429		1,215,594		467,429		1,215,594
Performance-based restricted stock units		456,422		—		456,422		—
Common stock warrants		5,099		5,099		5,099		5,099