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Loss per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Loss per Share
Note 10—Loss per Share
Basic and diluted losses per share (“EPS”) were as follows:
Three Months EndedSix Months Ended
June 30,June 30,
$ in thousands, except share and per share data2024202320242023
Numerator:
Net loss$(19,282)$(21,683)$(34,507)$(32,227)
Denominator:
Weighted-average common shares outstanding5,976,020 5,664,853 5,964,346 5,613,243 
Weighted-average impact of warrants (1)
69,304 63,408 68,812 62,891 
Denominator for basic EPS – weighted-average shares
6,045,324 5,728,261 6,033,158 5,676,134 
Effect of dilutive securities
— — — — 
Denominator for diluted EPS – weighted-average shares
6,045,324 5,728,261 6,033,158 5,676,134 
EPS – Basic and Diluted
$(3.19)$(3.79)$(5.72)$(5.68)
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(1)Warrants that have a $0.35 exercise price per common share are assumed to be exercised when vested because common shares issued for little consideration upon exercise are included in outstanding shares for the purposes of computing basic and diluted EPS.
The following securities were excluded from the calculation of losses per share as their impact would be anti-dilutive:
Three Months EndedSix Months Ended
June 30,June 30,
2024202320242023
Stock options180,570 332,076 180,570 332,076 
Shares issuable under the employee stock purchase plan18,798 20,143 18,798 20,143 
Unvested restricted stock units683,979 458,382 683,979 458,382 
Restricted shares issued upon the early exercise of unvested stock options— 1,199 — 1,199 
Unvested warrants63,748 67,302 63,748 67,302 
Vested warrants244,762 244,762 244,762 244,762