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Loss Per Common Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Loss Per Common Share Loss Per Common Share
Basic loss per common share is calculated by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted loss per common share is calculated using the treasury share method by giving effect to all potentially dilutive securities that were outstanding. Potentially dilutive options, restricted stock units and warrants to purchase common stock that were outstanding during the periods presented were excluded from the diluted loss per share calculation for the periods presented because such shares had an anti-dilutive effect due to the net loss reported in those periods. Therefore, basic and diluted loss per common share is the same for each of the three and six months ended June 30, 2022 and 2021.
The following is the computation of loss per common share for the three and six months ended June 30, 2022 and 2021:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
Net loss$(7,470)$(14,269)$(15,818)$(26,746)
Weighted-average basic and diluted common shares outstanding4,503,983 2,934,770 4,268,955 2,931,607 
Loss per share - basic and diluted$(1.66)$(4.86)$(3.71)$(9.12)
The outstanding securities presented below were excluded from the calculation of loss per common share, for the periods presented, because such securities would have been anti-dilutive due to the Company’s loss per share during that period:
As of June 30,
20222021
Options to purchase common stock317,262 368,647 
Restricted stock units49,411 9,533 
Performance stock units97,643 — 
Warrants to purchase common stock576,261 —