Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

v3.24.1
Net Loss Per Share
12 Months Ended
Dec. 31, 2023
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,

 

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(19,028,883

)

 

$

(18,054,155

)

Denominator:

 

 

 

 

 

 

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

 

 

5,333,096

 

 

 

4,223,099

 

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

 

$

(3.57

)

 

$

(4.28

)

 

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,

 

 

 

2023

 

 

2022

 

Options to purchase shares of stock

 

 

839,523

 

 

 

732,395

 

Warrants to purchase shares of stock

 

 

2,266,133

 

 

 

260,319

 

Total

 

 

3,105,656

 

 

 

992,714