Quarterly report [Sections 13 or 15(d)]

Net Loss per Share of Common Stock (Tables)

v3.25.3
Net Loss per Share of Common Stock (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2025 and 2024 was as follows:

 

    2025     2024     2025     2024  
   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
    2025     2024     2025     2024  
Basic and diluted net loss per share:                                
Net loss available to common stockholders   $ (3,436,573 )   $ (3,384,703 )   $ (10,204,896 )   $ (9,121,410 )
Weighted average number of common shares-basic and diluted     47,525,522       3,275,998       24,838,859       2,909,941  
                                 
Basic and diluted net loss per share   $ (0.07 )   $ (1.03 )     (0.41 )   $ (3.13 )

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
    2025     2024     2025     2024  
Weighted-average number of common shares outstanding – basic and diluted     47,202,268       3,118,029       24,611,454       2,767,647  
Weighted-average number of vested RSUs– basic and diluted     323,254       157,969       227,405       142,294  
Weighted-average number of common shares-basic and diluted     47,525,522       3,275,998       24,838,859       2,909,941  
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  
    September 30,  
    2025     2024  
Stock options     2,747       2,747  
Restricted stock units (unvested)     26,064       240,349  
Warrants for common stock     40,059,370       1,775,784  
Total     40,088,181       2,018,880