Note 11 - Net Loss Per Share Attributable to Common Stockholders

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 11.  Net Loss Per Share Attributable to Common Stockholders

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Net loss	$	(16,466	)	$	(22,550	)	$	(40,883	)	$	(47,690	)
Shares used to compute net loss per share – basic and diluted		184,703,003			139,594,238			176,757,049			137,403,416
Net loss per share – basic and diluted	$	(0.09	)	$	(0.16	)	$	(0.23	)	$	(0.35	)

No adjustment has been made to the net loss in the three and six months ended June 30, 2024 and 2023, as the effect would be anti-dilutive due to the net loss.

The following potentially dilutive weighted average securities were excluded from the computation of weighted average shares outstanding because they would have been antidilutive:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Options to purchase common stock		21,705,187		18,469,856		19,869,813		16,452,951
Restricted stock units to purchase common stock		3,223,944		3,672,594		2,600,499		2,445,397
Warrants to purchase common stock		140,596		227,434		175,928		227,434
Employee Stock Purchase Plan		—		368,335		235,819		400,832
Total potentially dilutive securities excluded from denominator of the diluted earnings per share computation		25,069,727		22,738,219		22,882,059		19,526,614