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Net Loss Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

4. Net Loss Per Share

The following table summarizes the computation of the basic and diluted net loss per share:

 

 

 

Three Months Ended March 31,

 

 

 

 

2021

 

 

2022

 

 

Numerator:

 

 

 

 

 

 

 

Net loss

 

$

(2,843,996

)

 

$

(2,057,207

)

 

Less: cumulative preferred dividends earned in the period

 

 

(477,358

)

 

 

 

 

Net loss available for distribution to common stock holders

 

$

(3,321,354

)

 

$

(2,057,207

)

 

Denominator:

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

4,839,871

 

 

 

35,778,032

 

 

Net loss per share, basic and diluted

 

$

(0.69

)

 

$

(0.06

)

 

 

The following table summarizes the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive:

 

 

 

At March 31,

 

 

 

2021

 

 

2022

 

Redeemable Preferred Stock

 

 

23,768,416

 

 

 

 

Common stock options

 

 

653,345

 

 

 

1,745,630

 

Potentially diluted securities

 

 

24,421,761

 

 

 

1,745,630