Net Loss Per Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Net Loss Per Share

Note 16. Net Loss Per Share

Basic net loss per share is computed by dividing net loss by weighted-average number of common shares outstanding for the period (excluding outstanding stock options). Diluted net loss per share is computed using the weighted-average number of common shares outstanding for the period plus the potential effect of dilutive securities which are convertible into common shares (using the treasury stock method), except in cases in which the effect would be anti-dilutive. The following is a reconciliation of the numerators and denominators used in computing basic and diluted net loss per share:

(In thousands except share data)	Three Months Ended
	March 31, 2024			March 31, 2023
Numerator
Net loss attributable to common stockholders	$	(4,407	)	$	(2,464	)
Denominator
Basic weighted average shares outstanding		6,305			5,932
Effect of dilutive securities		—			—
Diluted weighted-average shares		6,305			5,932
Net loss per share attributable to common stockholders, basic and diluted	$	(0.70	)	$	(0.42	)

For the three month periods ended March 31, 2024 and 2023, because the Company was in a loss position, basic net loss per share is the same as diluted net loss per share as the inclusion of the potential common shares would have been anti-dilutive.

The following table sets forth potential shares of common stock that are not included in the diluted net loss per share calculation above because to do so would be anti-dilutive for the periods indicated:

Anti-dilutive securities	March 31, 2024		March 31, 2023
Common shares issuable upon exercise of stock options		503		789
Common shares issuable on conversion of series F preferred stock		3,960		3,960
Common shares issuable upon exercise of warrants		5,499		6,833
Restricted stock awards		150		250
Common shares issuable upon conversion of senior secured convertible notes, related party		54,374		14,257
Common shares issuable upon conversion of senior secured convertible notes		18,400		13,333
Total		82,887		39,422