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Note 2 - Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Calculation of Weighted Average Shares Used to Calculate Basic and Diluted Loss Per Share

The following table presents the calculation of weighted average shares used to calculate basic and diluted loss per share (in thousands, except share and per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Basic net loss per common share:

 

 

 

 

 

 

Net loss

 

$

(14,260

)

 

$

(26,616

)

Adjustment to record the impact of exercise price reset on outstanding warrants related to down round provisions

 

 

(288

)

 

 

 

Net loss attributable to common shares - basic

 

$

(14,548

)

 

$

(26,616

)

Weighted average shares used in calculating basic loss per share

 

 

880,311

 

 

 

186,195

 

Basic net loss per common share

 

$

(16.53

)

 

$

(142.95

)

 

 

 

 

 

 

 

Diluted net loss per common share:

 

 

 

 

 

 

Net loss

 

$

(14,260

)

 

$

(26,616

)

Change in fair value of warrants

 

 

 

 

 

(5,119

)

Adjustment to record the impact of exercise price reset on outstanding warrants related to down round provisions

 

 

(288

)

 

 

 

Net loss attributable to common shares - diluted

 

$

(14,548

)

 

$

(31,735

)

Weighted-average shares outstanding

 

 

880,311

 

 

 

186,195

 

Effect of potentially dilutive securities

 

 

 

 

 

763

 

Weighted average shares used in calculating diluted loss per share

 

 

880,311

 

 

 

186,958

 

Diluted net loss per common share

 

$

(16.53

)

 

$

(169.74

)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive securities were excluded from the calculation of diluted loss per share because their effects would be anti-dilutive:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Stock options

 

 

43,658

 

 

 

39,048

 

Warrants for common stock

 

 

1,055,672

 

 

 

143,602

 

Series A Convertible Preferred Stock

 

 

129

 

 

 

129

 

Total

 

 

1,099,459

 

 

 

182,779