Net Loss per Share

6 Months Ended

Jun. 30, 2023

Net Loss per Share

Net Loss per Share

5. Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated:

	Three Months Ended		Six Months Ended
	June 30, 2023	June 30, 2022	June 30, 2023	June 30, 2022
Basic and diluted net loss per common share calculation:
Net loss attributable to common shareholders - basic	($ 3,547,000)	($ 9,215,000)	($ 18,037,000)	($ 17,989,000)
Change in fair value of convertible debt	6,036,000	—	2,874,000	—
Net loss attributable to common shareholders - diluted	($ 9,583,000)	($ 9,215,000)	($ 20,911,000)	($ 17,989,000)
Weighted average common shares outstanding - basic	36,068,130	35,999,642	36,056,649	32,517,416
Net loss per share of common stock - basic	($ 0.10)	($ 0.26)	($ 0.50)	($ 0.55)
Weighted average common shares outstanding - diluted	56,544,698	35,999,642	36,056,649	32,517,416
Net loss per share of common stock - diluted	($ 0.17)	($ 0.26)	($ 0.50)	($ 0.55)

The following outstanding securities as of June 30, 2023 and 2022 have been excluded from the computation of diluted weighted average shares outstanding, as they would have been anti-dilutive:

	June 30, 2023	June 30, 2022
Options	3,201,929	3,380,678
Unvested restricted stock units	30,000	30,000
Restricted stock awards	41,066	99,666
Warrants	20,549,338	20,549,338
Total	23,822,333	24,059,682