Note 11 - Net Loss Per Share Attributable to Common Stockholders

9 Months Ended

Sep. 30, 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 September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Net loss	$	(14,080	)	$	(17,400	)	$	(54,963	)	$	(65,090	)
Shares used to compute net loss per share – basic and diluted		227,452,883			152,026,112			193,655,660			145,810,175
Net loss per share – basic and diluted	$	(0.06	)	$	(0.11	)	$	(0.28	)	$	(0.45	)

No adjustment has been made to the net loss in the three and nine months ended September 30, 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 September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Options to purchase common stock		21,568,098		18,151,747		20,435,908		17,019,217
Restricted stock units to purchase common stock		3,090,220		3,629,741		2,763,739		2,840,178
Warrants to purchase common stock		140,596		227,434		164,150		227,434
Employee Stock Purchase Plan		368,002		337,496		279,880		379,720
Total potentially dilutive securities excluded from denominator of the diluted earnings per share computation		25,166,916		22,346,418		23,643,677		20,466,549