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NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS (Tables)
3 Months Ended
Mar. 31, 2022
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:  2022   2021 
   For the Three Months Ended March 31, 
Numerator:  2022   2021 
Net loss, primary  $(3,771)  $(17,410)
Less: gain from change in fair value of warrant liabilities   (4,694)   (755)
Net loss, diluted  $(8,465)  $(18,165)

 

Denominator:  2022   2021 
   For the Three Months Ended March 31, 
Denominator:  2022   2021 
Basic weighted average number of common shares(1)   84,113,385    76,158,275 
Potentially dilutive effect of warrants   5,285,876    237,803 
Diluted weighted average number of common shares   89,399,261    76,396,078 

 

  (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 2021 and 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 Three Months Ended March 31, 
   2022   2021 
Stock options   5,310,696    6,081,710 
Restricted stock   4,351,355    3,061,070 
Common stock warrants   1,667,700    10,223,233 
Shares committed under ESPP   48,085    58,806