Note 11 - Net Loss Per Share Attributable to Common Stockholders

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 11.  Net Loss Per Share Attributable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share (in thousands, except share and per share amounts):

	Three Months Ended March 31,
	2024			2023
Net loss	$	(24,417	)	$	(25,140	)
Shares used to compute net loss per share – basic and diluted		168,811,095			135,213,196
Net loss per share – basic and diluted	$	(0.14	)	$	(0.19	)

No adjustment has been made to the net loss in the three months ended March 31, 2024 and 2023, as the effect would be anti-dilutive due to the net loss.

The following potentially dilutive weighted average securities were excluded from the computation of weighted average shares outstanding because they would have been antidilutive:

	Three Months Ended March 31,
	2024		2023
Options to purchase common stock		18,034,438		14,436,046
Restricted stock units to purchase common stock		1,977,053		1,218,200
Warrants to purchase common stock		211,259		227,434
Employee Stock Purchase Plan		471,638		433,328
Total potentially dilutive securities excluded from denominator of the diluted earnings per share computation		20,694,388		16,315,008