Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.22.2.2
Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Calculation of Basic and Diluted Net Loss Per Share applicable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share applicable to common stockholders:

 

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(13,775,103

)

 

$

(9,744,444

)

Denominator:

 

 

 

 

 

 

Weighted-average number of common shares
   outstanding – basic and diluted

 

 

25,219,931

 

 

 

15,868,421

 

Net loss per share applicable to common
   stockholders – basic and diluted

 

$

(0.55

)

 

$

(0.61

)

Summary of Shares Excluded from Calculation of Diluted Net Loss per Share Applicable to Common Stockholders

The following shares were excluded from the calculation of diluted net loss per share applicable to common stockholders, prior to the application of the treasury stock method, because their effect would have been anti-dilutive for the periods presented:

 

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

Options to purchase shares of stock

 

 

4,028,078

 

 

 

3,630,044

 

Warrants to purchase shares of stock

 

 

1,561,913

 

 

 

1,561,913

 

Total

 

 

5,589,991

 

 

 

5,191,957