Annual report pursuant to Section 13 and 15(d)

Net Loss per Share Attributable to Common Stock

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Net Loss per Share Attributable to Common Stock
12 Months Ended
Dec. 31, 2022
Net Loss per Share Attributable to Common Stock  
Net Loss per Share Attributable to Common Stock

Note 16. Net Loss per Share Attributable to Common Stock

Basic loss per share of common stock is computed by dividing net loss attributable to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted net loss per share is calculated by adjusting the weighted-average number of shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury-stock method. Diluted loss per share excludes, when applicable, the potential impact of stock options, unvested shares of restricted stock awards, and common stock warrants because their effect would be anti-dilutive due to our net loss.

The calculation of basic and diluted net loss per share attributable to common stock was as follows (amount in thousands except share data):

Year Ended December 31, 

    

2022

    

2021

Numerator:

 

  

 

  

Net loss attributable to common stock—basic and diluted

$

(27,626)

$

(12,491)

Denominator:

 

  

 

Weighted- average basic and diluted shares outstanding

 

16,001,367

 

14,269,078

Net loss per share attributable to common stock—basic and diluted

$

(1.73)

$

(0.88)

The following outstanding shares of common stock equivalents were excluded from the computation of the diluted net loss per share attributable to common stock for the periods presented because their effect would have been anti-dilutive.

Year Ended December 31, 

    

2022

    

2021

Stock options

 

147,707

 

20,156

Non-vested restricted stock awards

 

1,375,145

 

717,097

Non-vested restricted stock units

392,564

Common stock warrants

 

240,100

 

240,100