Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.24.1.1.u2
Net Loss Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share
11.
Net Loss Per Share

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

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(4,649,635

)

 

$

(4,477,778

)

Denominator:

 

 

 

 

 

 

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

 

 

6,340,697

 

 

 

4,585,013

 

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

 

$

(0.73

)

 

$

(0.98

)

 

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,

 

 

 

2024

 

 

2023

 

Options to purchase shares of stock

 

 

846,666

 

 

 

804,368

 

Warrants to purchase shares of stock

 

 

2,266,136

 

 

 

3,232,587

 

Total

 

 

3,112,802

 

 

 

4,036,955