Quarterly report [Sections 13 or 15(d)]

Net Loss per Share of Common Stock (Tables)

v3.25.1
Net Loss per Share of Common Stock (Tables)
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Net Loss Per Share Basic and Diluted

The computation of net loss per share for the three months ended March 31, 2025 and 2024 was as follows:

 

    2025     2024  
   

Three months ended

March 31,

  
    2025     2024  
Basic and diluted net loss per share:                
Net loss available to common stockholders   $ (2,834,405 )   $ (2,726,381 )
Weighted average number of common shares-basic and diluted     9,526,796       2,466,523  
                 
Basic and diluted net loss per share   $ (0.30 )   $ (1.11 )

 

    2025     2024  
Weighted-average number of common shares outstanding – basic and diluted     4,428,407       2,331,866  
Pre-Funded Warrants considered issued for EPS purposes     4,913,790       -  
Weighted-average number of vested RSUs– basic and diluted     184,599       134,657  
Weighted-average number of common shares-basic and diluted     9,526,796       2,466,523  
Schedule of Dilutive Securities From The Calculation of Diluted Net Loss Per Share

We have excluded the following potentially dilutive securities from the calculation of diluted net loss per share since they would have had an anti-dilutive effect:

 

    2025     2024  
    March 31,  
    2025     2024  
Stock options     2,747       6,992  
Restricted stock units (unvested)     191,313       81,477  
Warrants for common stock     1,775,784       1,778,284  
Total     1,969,844       1,866,753  

 

We have not included any potential impact of the Common Warrants since they are subject to shareholder approval.