Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.22.2
Net Loss Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

10. Net Loss Per Share

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

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(9,280,540

)

 

$

(5,273,247

)

Denominator:

 

 

 

 

 

 

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

 

 

25,216,312

 

 

 

11,153,986

 

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

 

$

(0.37

)

 

$

(0.47

)

 

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:

 

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

Options to purchase shares of stock

 

 

4,037,400

 

 

 

3,624,657

 

Warrants to purchase shares of stock

 

 

1,561,913

 

 

 

1,561,913

 

Total

 

 

5,599,313

 

 

 

5,186,570