Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of the Company’s basic and diluted net loss per share (in thousands, except per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Numerator:
Net loss	$	(895)	$	(7,152)	$	(3,163)	$	(20,724)
Less: deemed dividend	(133)		—		(282)		—

Less: induced conversion on warrants	—		—		(751)		—
Less: warrant modification	—		—		(25)		—
Net loss attributable to common stockholders	$	(1,028)	$	(7,152)	$	(4,221)	$	(20,724)
Denominator:
Weighted-average number of shares of common stock for basic and diluted net loss per share	3,463		2,065		2,676		2,065
Basic and diluted net loss per share	$	(0.30)	$	(3.46)	$	(1.58)	$	(10.04)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table represents the potential shares that were excluded from the computation of weighted-average number of shares of common stock in computing the diluted net loss per share for the periods presented because including them would have had an anti-dilutive effect (due to the net loss):


	As of September 30,
	2023	2022
Unvested restricted stock awards	—	42

Outstanding stock options	10,000	16,668
Common stock issuable upon conversion of Series F Preferred Stock	18,850,645	—
Common stock issuable upon conversion of Series F Preferred Warrants	117,299,427	—
Common stock issuable upon conversion of Common Stock warrants	4,137,850	343,101