Post-effective amendment to a registration statement that is not immediately effective upon filing

Net Loss Per Share

v3.23.1
Net Loss Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share
12. Net Loss Per Share
The following table presents the calculation of basic and diluted net loss per share applicable to common stockholders:
 
    
Year ended December 31,
 
    
2022
    
2021
 
Numerator:
                 
Net loss
   $ (18,054,155    $ (14,786,063
    
 
 
    
 
 
 
Denominator:
                 
Weighted-average number of common shares
outstanding — basic and diluted
     25,211,726        18,209,198  
    
 
 
    
 
 
 
Net loss per share applicable to common
stockholders — basic and diluted
   $ (0.72    $ (0.81
    
 
 
    
 
 
 
 
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:
 
    
Year ended December 31,
 
    
2022
    
2021
 
Options to purchase shares of stock
     4,394,369        3,596,444  
Warrants to purchase shares of stock
     1,561,913        1,561,913  
    
 
 
    
 
 
 
Total
     5,956,282        5,158,357