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NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
SCHEDULE OF EARNINGS PER SHARE, BASIC AND DILUTED

The following tables present reconciliations for the numerators and denominators of basic and diluted net loss per share:

 

Numerator:  2021   2020 
   For the Year Ended December 31, 
Numerator:  2021   2020 
Net loss, primary  $(30,187)  $(42,854)
Gain from change in fair value of warrant liabilities       2,914 
Net loss, diluted  $(30,187)  $(45,768)

 

Numerator:  2021   2020 
   For the Year Ended December 31, 
Denominator:  2021   2020 
Basic weighted average number of common shares(1)   80,014,014    38,779,316 
Potentially dilutive effect of warrants       588,074 
Diluted weighted average number of common shares   80,014,014    39,367,390 

 

(1)  In December 2020 and January 2021, the Company sold pre-funded warrants to purchase up to 5,238,043 and 2,420,910 shares of common stock, respectively. The shares of common stock associated with the pre-funded warrants are considered outstanding for the purposes of computing earnings per share prior to exercise because the shares may be issued for little or no consideration, are fully vested, and are exercisable after the original issuance date. The pre-funded warrants sold in December 2020 and January 2021 were exercised in January 2021and included in the denominator for the period of time the warrants were outstanding.

SCHEDULE OF ANTI-DILUTIVE POTENTIAL SHARES OUTSTANDING ACTIVITY

The following outstanding potentially dilutive shares have been excluded from the calculation of diluted net loss per share for the periods presented due to their anti-dilutive effect:

 

   For the Year Ended December 31, 
   2021   2020 
Stock options   5,772,802    4,794,567 
Restricted stock   5,163,685    3,468,969 
Common stock warrants   19,314,143