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Note 9 - Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss Per Common Share

The following table presents the calculation of basic and diluted net loss per common share (in thousands, except share and per share amounts):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Basic and diluted net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(3,487

)

 

$

(3,596

)

 

$

(11,094

)

 

$

(9,329

)

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

 

 

 

 

 

(16

)

 

 

 

 

 

(16

)

Net loss available to common stockholders - basic and diluted

 

$

(3,487

)

 

$

(3,612

)

 

$

(11,094

)

 

$

(9,345

)

Weighted average shares used in calculating basic and diluted net loss per common share

 

 

1,500,409

 

 

 

489,624

 

 

 

1,168,277

 

 

 

402,074

 

Basic and diluted net loss per common share

 

$

(2.32

)

 

$

(7.38

)

 

$

(9.50

)

 

$

(23.24

)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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

 

 

September 30,

 

 

 

2024

 

 

2023

 

Stock options

 

 

51,733

 

 

 

36,132

 

Restricted stock units

 

 

3,728

 

 

 

22,864

 

Warrants for common stock

 

 

1,245,470

 

 

 

272,216

 

Series A Convertible Preferred Stock

 

 

8

 

 

 

8

 

Total

 

 

1,300,939

 

 

 

331,220