Quarterly report [Sections 13 or 15(d)]

Net Loss per Share of Common Stock (Tables)

v3.25.2
Net Loss per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Net Loss Per Share Basic and Diluted

The computation of net loss per share for the three and six months ended June 30, 2025 and 2024 was as follows:

 

    2025     2024     2025     2024  
    Three Months Ended June 30,     Six Months Ended June 30,  
    2025     2024     2025     2024  
Basic and diluted net loss per share:                                
Net loss available to common stockholders   $ (3,933,918 )   $ (3,010,326 )   $ (6,768,323 )   $ (5,736,707 )
Weighted average number of common shares-basic and diluted     15,569,312       2,983,283       12,401,583       2,724,903  
                                 
Basic and diluted net loss per share   $ (0.25 )   $ (1.01 )   $ (0.55 )   $ (2.11 )

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2025     2024     2025     2024  
Weighted-average number of common shares outstanding – basic and diluted     15,545,266       2,849,192       12,371,909       2,590,530  
Weighted-average number of vested RSUs– basic and diluted     24,046       134,091       29,674       134,373  
Weighted-average number of common shares-basic and diluted     15,569,312       2,983,283       12,401,583       2,724,903  
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  
    June 30,  
    2025     2024  
Stock options     2,747       2,747  
Restricted stock units (unvested)     51,380       95,028  
Warrants for common stock     30,495,784       1,778,284  
Total     30,549,911       1,876,059