Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share of Common Stock

v3.24.2.u1
Loss Per Share of Common Stock
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Loss Per Share of Common Stock Loss Per Share of Common Stock
The following tables are a reconciliation of the numerators and denominators used in the calculation of basic and diluted net loss per share computations:
Three Months Ended
June 30, (Unaudited)		 Six Months Ended
June 30, (Unaudited)
2024 2023 2024 2023
Basic EPS and diluted EPS:
Loss (Numerator)
Net loss $ (7,902,816) $ (3,111,500) $ (12,922,347) $ (8,279,020)
Shares (Denominator)
Weighted average common shares outstanding (1)
 38,669,330  3,886,198  33,334,616  3,827,216 
Per-Share Amount $ (0.20) $ (0.80) $ (0.39) $ (2.16)
The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been anti-dilutive:
Three Months Ended
June 30, (Unaudited)		 Six Months Ended
June 30, (Unaudited)
2024
2023 (1)
 2024
2023 (1)
Stock options 1,190,599  151,903  1,190,599  151,903 
Warrants 3,272,940  615,392  3,272,940  615,392 
Unvested restricted stock units
 503,446  10,667  503,446  10,667 
Convertible Debt
 968,973 
Convertible Debt
 —  968,973  — 
___________________
(1) Previously reported outstanding shares of common stock equivalents were adjusted for the effects of the reverse stock split at a ratio of one-for-two hundred and fifty (1-for-250). The reverse stock split was transacted on September 6, 2023.