Net Loss Per Share

12 Months Ended

Dec. 31, 2023

The Company has reported losses since inception and has computed basic net loss per share attributable to common stockholders by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period, without consideration for potentially dilutive securities. The Company computes diluted net loss per share of common stock after giving consideration to all potentially dilutive

shares of common stock, including options to purchase common stock and preferred stock outstanding during the period determined using the treasury-stock and if-converted methods, except where the effect of including such securities would be antidilutive. Because the Company has reported net losses since inception, these potential shares of common stock and preferred stock have been anti-dilutive and basic and diluted loss per share were the same for all periods presented.

Basic and diluted net loss per share attributable to common stockholders was calculated at December 31, 2023 and 2022 as follows (in thousands, except share and per share data):


	Year Ended December 31,
	2023		2022
Numerator:
Net loss	$	(35,195)	$	(28,208)
Denominator:
Weighted-average shares used in computing net loss per share, basic and diluted	5,056,225		315,998
Net loss per share, basic and diluted	$	(6.96)	$	(89.27)

The table below provides potentially dilutive securities not included in the calculation of the diluted net loss per share because to do so would be anti-dilutive:


	December 31,
	2023	2022
Convertible preferred stock	—	4,997,920
Shares issuable upon exercise of stock options	1,305,924	854,076
Shares issuable upon the exercise of warrants	148,764	144,814
Unvested Common Stock	1,933	7,240
Total	1,456,621	6,004,050