XML 26 R14.htm IDEA: XBRL DOCUMENT v3.23.3
Net Loss Per Common Share
9 Months Ended
Sep. 30, 2023
Net Loss Per Common Share  
Net Loss Per Common Share

8. Net Loss Per Common Share

Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding for the period, without consideration for potentially dilutive securities if their effect is antidilutive. Diluted

net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock and dilutive common stock equivalents outstanding for the period determined using the treasury stock method. Dilutive common stock equivalents are comprised of options and RSUs outstanding under the Company's stock incentive plans and warrants. For all periods presented, there is no difference in the number of shares used to calculate basic and diluted shares outstanding as inclusion of the potentially dilutive securities would be antidilutive.

The basic net loss per share calculation includes the 2022 Series A Warrants and 2022 Series B Warrants given that these instruments are exchangeable into common stock for which no additional consideration is required from the holder. The following potential shares of common stock were not considered in the computation of diluted net loss per share as their effect would have been anti-dilutive.

Three Months Ended

Nine Months Ended

September 30

September 30

    

2023

    

2022

    

2023

    

2022

Stock options

40,272

36,493

40,272

36,493

RSUs

1,111,189

1,111,189

Warrants (excluding 2022 Series A Warrants and 2022 Series B Warrants)

228,235

228,235

228,235

228,235