| Schedule of Basic and Diluted Net Income (Loss) Per Share |
The following table sets forth the computation
of basic and diluted net loss per share of common and preferred stock (in thousands, except share and per share data):
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2024 |
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
| Basic net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(4,096 |
) |
|
$ |
(6,011 |
) |
|
$ |
(15,204 |
) |
|
$ |
(11,887 |
) |
| Cash Dividends to Series B holders |
|
|
- |
|
|
|
- |
|
|
|
(1,095 |
) |
|
|
- |
|
| Net loss attributable to common shares, basic and diluted |
|
|
(4,096 |
) |
|
|
(6,011 |
) |
|
|
(16,299 |
) |
|
|
(11,887 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average shares outstanding used in computing net loss per share attributable to common stockholders, basic and diluted |
|
|
8,894,321 |
|
|
|
18,065,389 |
|
|
|
5,407,370 |
|
|
|
14,038,696 |
|
| Net loss per share attributable to common stockholders, basic and diluted |
|
$ |
(0.46 |
) |
|
$ |
(0.33 |
) |
|
$ |
(3.01 |
) |
|
$ |
(0.85 |
) |
|
| Schedule of Outstanding Shares of Potentially Dilutive Securities |
The following outstanding shares of potentially
dilutive securities were excluded from the computation of diluted net loss per share for the periods presented because including them
would have been antidilutive:
| |
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
| |
|
2024 |
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Options to purchase common stock |
|
|
1,367,114 |
|
|
|
2,033,114 |
|
|
|
1,367,114 |
|
|
|
2,033,114 |
|
| Warrants to purchase common stock |
|
|
478,419 |
|
|
|
478,419 |
|
|
|
478,419 |
|
|
|
478,419 |
|
| Restricted stock units |
|
|
2,177 |
|
|
|
3,677 |
|
|
|
2,177 |
|
|
|
3,677 |
|
| Common stock issuable upon conversion of Series B-2 convertible preferred stock |
|
|
788,200 |
|
|
|
- |
|
|
|
788,200 |
|
|
|
- |
|
| Common stock issuable upon conversion of Series A-2 Prime convertible preferred stock |
|
|
2,267,600 |
|
|
|
462,245 |
|
|
|
2,267,600 |
|
|
|
462,245 |
|
| Warrants to purchase convertible preferred stock |
|
|
16,095,817 |
|
|
|
15,818,817 |
|
|
|
16,095,817 |
|
|
|
15,818,817 |
|
| Total |
|
|
20,999,327 |
|
|
|
18,796,272 |
|
|
|
20,999,327 |
|
|
|
18,796,272 |
|
|