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Net Loss per Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Loss per Share

Note 13. Net Loss per Share

The following is a reconciliation of the numerator (net loss) and the denominator (number of shares) used in the basic and diluted net loss per share calculations:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net loss

 

$

(8,753

)

 

$

(6,759

)

 

$

(13,025

)

 

$

(13,433

)

Weighted average number of shares of common stock

 

 

10,820

 

 

 

10,073

 

 

 

10,768

 

 

 

10,020

 

Basic and diluted net loss per common share

 

$

(0.81

)

 

$

(0.67

)

 

$

(1.21

)

 

$

(1.34

)

The Company’s basic net loss per share attributable to common stockholders is computed by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. The change in fair value of warrant liabilities of $5,997 had a significant impact, and was a significant component, of net loss in the three and six months ended June 30, 2023.

As the Company has reported a net loss for all periods presented, basic and diluted net loss per share attributable to common stockholders are the same for those periods. The Company excluded the following amounts of equity securities from its net loss per diluted share calculations for the periods presented because their effect was anti-dilutive:

 

 

Three and Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

Series A Redeemable Convertible Preferred Stock

 

 

7,940

 

 

 

 

Series A and Series B Warrants

 

 

4,367

 

 

 

 

Restricted stock awards and units

 

 

800

 

 

 

934

 

Outstanding stock options

 

 

1,996

 

 

 

1,193

 

The anti-dilutive weighted average shares excluded from the diluted net loss per share diluted shares calculations were: