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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Summary of Weighted-Average Outstanding Shares

The following weighted-average outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been anti-dilutive:

 

 

 

 

As of September 30,

 

 

 

 

 

 

 

2024

 

 

2023

 

Investor D warrants

 

 

 

 

 

 

 

 

 

301,170

 

Investor E (January 2024) warrants

 

 

 

 

 

 

650,446

 

 

 

 

July 2024 Warrants

 

 

 

 

 

 

1,014,219

 

 

 

 

Placement Agent warrants

 

 

 

 

 

 

21,682

 

 

 

 

Public Stockholders' warrants

 

 

 

 

 

 

422,000

 

 

 

414,000

 

Private Placement warrants

 

 

 

 

 

 

229,520

 

 

 

229,520

 

PIPE Investor warrants

 

 

 

 

 

 

20,000

 

 

 

28,000

 

Legacy warrants

 

 

 

 

 

 

1,957

 

 

 

2,789

 

Employee based options to purchase common stock

 

 

 

 

 

 

21,352

 

 

 

15,933

 

Unvested employee based restricted stock units

 

 

 

 

 

 

39,307

 

 

 

12,572

 

Total

 

 

 

 

 

 

2,420,483

 

 

 

1,003,984

 

Summary of Weighted Average Shares Outstanding for Basic and Diluted Net Loss Per Share

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

 

 

 

 

Three Months Ended September 30,

 

 

 

Nine Months Ended September 30,

 

($ in thousands except share and per share amounts)

 

 

 

2024

 

 

2023

 

 

 

2024

 

 

2023

 

Net loss

 

 

 

$

(4,478

)

 

$

(7,232

)

 

 

$

(20,411

)

 

$

(16,775

)

Weighted-average shares outstanding - basic and diluted

 

 

 

 

4,086,871

 

 

 

801,939

 

 

 

 

3,348,490

 

 

 

641,125

 

Basic and diluted net loss per share

 

 

 

$

(1.10

)

 

$

(9.02

)

 

 

$

(6.10

)

 

$

(26.16

)