| Schedule of Computation of Basic and Diluted Net Loss Per Common Share |
The following table presents the computation of
basic and diluted net loss per common share (in thousands except share and per share amounts):
| |
|
Year Ended
December 31,
2023 |
|
|
Year Ended
December 31,
2022 |
|
| Numerator |
|
|
|
|
|
|
| Net loss |
|
$ |
(28,984 |
) |
|
$ |
(14,315 |
) |
| Deemed dividend on Series D preferred stock |
|
|
(6 |
) |
|
|
- |
|
| Cumulative dividends on Series A preferred stock |
|
|
(19 |
) |
|
|
- |
|
| Cumulative dividends on Series B preferred stock |
|
|
(107 |
) |
|
|
- |
|
| Cumulative dividends on Series C preferred stock |
|
|
(30 |
) |
|
|
- |
|
| Cumulative dividends on Series D preferred stock |
|
|
(53 |
) |
|
|
(55 |
) |
| Cumulative dividends on Series F preferred stock |
|
|
(272 |
) |
|
|
- |
|
| Cumulative dividends on Series F-1 preferred stock |
|
|
(110 |
) |
|
|
- |
|
| Cumulative dividends on Series F-2 preferred stock |
|
|
(79 |
) |
|
|
- |
|
| Numerator for basic and diluted net loss per share |
|
$ |
(29,660 |
) |
|
$ |
(14,370 |
) |
| |
|
|
|
|
|
|
|
|
| Denominator |
|
|
|
|
|
|
|
|
| Weighted-average common shares outstanding |
|
|
5,431,201 |
|
|
|
267,440 |
|
| Less: weighted-average shares subject to repurchase |
|
|
(1,942 |
) |
|
|
(1,938 |
) |
| Denominator for basic and diluted net loss per share |
|
|
5,429,259 |
|
|
|
265,502 |
|
| Shares used to compute pro forma net loss per share, basic and diluted |
|
|
|
|
|
|
|
|
| Net loss per share: |
|
|
|
|
|
|
|
|
Basic and diluted |
|
$ |
(5.46 |
) |
|
$ |
(54.12 |
) |
| |
|
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| |
|
|
|
|
|
|
| Series A preferred stock |
|
|
3,146 |
|
|
|
3,146 |
|
| Series B preferred stock |
|
|
33,883 |
|
|
|
33,883 |
|
| Series C preferred stock |
|
|
9,346 |
|
|
|
9,346 |
|
| Series D preferred stock |
|
|
- |
|
|
|
35,278 |
|
| Series F preferred stock |
|
|
501,579 |
|
|
|
- |
|
| Series F-1 preferred stock |
|
|
72,631 |
|
|
|
- |
|
| Series F-2 preferred stock |
|
|
124,946 |
|
|
|
- |
|
| Warrants to purchase common stock (excluding penny warrants) |
|
|
1,715,095 |
|
|
|
461,066 |
|
| Warrants to purchase Series E preferred stock |
|
|
750,000 |
|
|
|
- |
|
| Options to purchase common stock |
|
|
382,779 |
|
|
|
159,295 |
|
| Unvested restricted stock units |
|
|
33,010 |
|
|
|
10,483 |
|
| Commitment shares |
|
|
200,205 |
|
|
|
- |
|
| |
|
|
3,826,620 |
|
|
|
712,497 |
|
|