Quarterly report [Sections 13 or 15(d)]

Net Loss per Share Attributable to Common Stock

v3.25.1
Net Loss per Share Attributable to Common Stock
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stock 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 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 net loss.
The calculation of basic and diluted net loss per share attributable to common stock was as follows (amounts in thousands except share data):
Three Months Ended
March 31,
2025 2024
Numerator:
Net loss attributable to common stock—basic and diluted $ (5,646) $ (5,927)
Denominator:
Weighted-average basic and diluted shares outstanding 23,407,905  19,178,474 
Net loss per share attributable to common stock—basic and diluted $ (0.24) $ (0.31)
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:
As of March 31,
2025 2024
Stock options 147,707  147,707 
Non-vested restricted stock awards 362,561  1,246,528 
Non-vested restricted stock units 2,533,310  2,631,384 
Common stock warrants 240,100  240,100 
Convertible debt 1,759,804  583,333