Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.22.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Summary of Calculation of Basic and Diluted Net Loss Per Share applicable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share applicable to common stockholders:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(4,640,601

)

 

$

(2,637,068

)

Denominator:

 

 

 

 

 

 

Weighted-average number of common shares
   outstanding – basic and diluted

 

 

25,205,454

 

 

 

10,053,949

 

Net loss per share applicable to common
   stockholders – basic and diluted

 

$

(0.18

)

 

$

(0.26

)

Summary of Shares Excluded from Calculation of Diluted Net Loss per Share Applicable to Common Stockholders

The following shares were excluded from the calculation of diluted net loss per share applicable to common stockholders, prior to the application of the treasury stock method, because their effect would have been anti-dilutive for the periods presented:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Options to purchase shares of stock

 

 

3,847,400

 

 

 

3,665,072

 

Warrants to purchase shares of stock

 

 

1,561,913

 

 

 

721,913

 

Total

 

 

5,409,313

 

 

 

4,386,985