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Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

9. Net Loss Per Share Attributable to Common Stockholders

 

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

 

   Year Ended
December 31,
 
   2022   2021 
Net loss attributable to common stockholders  $(19,236,509)  $(7,799,529)
           
Basic and diluted weighted average common shares outstanding
   31,233,071    5,861,730 
           
Loss per share:          
Basic and diluted
  $(0.62)  $(1.33)

 

Basic loss per share is based upon the weighted average number of shares of common stock outstanding during the period. Diluted loss per share would include the effect of unvested restricted stock awards and the convertible preferred stock; however, such items were not considered in the calculation of the diluted weighted average common shares outstanding since they would be anti-dilutive.

  

Common stock reserved for future issuance, on an as-if converted basis, are shown below:

 

   December 31, 
   2022   2021 
Issuance of options under incentive plans   14,931,146    8,769,694 
Shares available for future stock-based award grants (see Note 10)   3,583,173    
 
Underwriter’s common stock option   
    525,000 
Underwriter’s warrant   140,000    140,000 
           
Total   18,654,319    9,434,694