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Net Loss Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 11. Net Loss Per Share

Basic and diluted net loss per common share is determined by dividing the net loss by the weighted-average common shares outstanding during the period, as follows (net loss in thousands):

 

 

March 31,

 

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(11,149

)

 

$

(12,254

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

43,010,212

 

 

 

35,855,200

 

Net loss per share, basic and diluted

 

$

(0.26

)

 

$

(0.34

)

The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net loss per share for the periods presented because including them would have been antidilutive:

 

 

March 31,

 

 

 

2024

 

 

2023

 

Stock options issued and outstanding

 

 

9,912,385

 

 

 

7,592,046

 

Restricted stock units

 

 

 

 

 

5,950

 

Restricted stock awards

 

 

151,426

 

 

 

388,051

 

Total

 

 

10,063,811

 

 

 

7,986,047