Note 14 - Net Loss Per Share

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

14. NET LOSS PER SHARE

The following table sets forth the basic and diluted net loss per share attributable to common stockholders for the periods presented (in thousands, except per share data):

	Year ended December 31,
	2024			2023
Numerator:
Net loss attributable to common stockholders	$	(35,460	)	$	(87,126	)
Denominator:
Weighted average common shares outstanding- Basic		7,253,683			5,827,721
Dilutive effect of potential common shares		—			—
Weighted average common shares outstanding- Diluted		7,253,683			5,827,721
Net loss per share attributable to common stockholders - Basic and Diluted	$	(4.89	)	$	(14.95	)

Due to net losses for the years ended December 31, 2024 and 2023, basic and diluted net loss per share were the same, as the effect of all potentially dilutive securities would have been anti-dilutive. The following table sets forth the anti-dilutive common share equivalents for the periods listed:

	Year ended December 31,
	2024		2023
Common stock options issued and outstanding		139,320		289,015
Unvested restricted stock units		384,783		652,453
Warrants		319,443		319,443
Common Stock Purchase Agreements		23,675,174		—
Conversion of convertible notes		119,582		—
ESPP		37,882		23,816
Total		24,676,184		1,284,727