| Net Income (Loss) Per Share |
NOTE
9 — Net Income (Loss) Per Share
The
following table sets forth the computation of the Company’s basic and diluted net loss per share and has been adjusted retrospectively
for the Reverse Stock Split:
Schedule of Computation of Basic and Diluted Net Loss Per Share
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| |
|
Three Months Ended |
|
|
Nine Months Ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
$ |
(2,512 |
) |
|
$ |
527 |
|
|
$ |
(12,034 |
) |
|
$ |
1,263 |
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares used in
computing net earnings (loss) per share, basic |
|
|
4,848,999 |
|
|
|
4,303,931 |
|
|
|
4,658,193 |
|
|
|
4,245,717 |
|
| Net earnings (loss) per share, basic |
|
$ |
(0.52 |
) |
|
$ |
0.12 |
|
|
$ |
(2.58 |
) |
|
$ |
0.30 |
|
| Weighted-average shares used in computing net earnings (loss) per share, diluted |
|
|
4,848,999 |
|
|
|
4,418,026 |
|
|
|
4,658,193 |
|
|
|
4,372,328 |
|
| Net earnings (loss) per share, diluted |
|
$ |
(0.52 |
) |
|
$ |
0.12 |
|
|
$ |
(2.58 |
) |
|
$ |
0.29 |
|
The
dilutive common shares that were used in the calculation of diluted earnings for 2023 are presented in the table below. The 2024 amounts
were not used as they were antidilutive. All amounts have been adjusted retroactively for the Reverse Stock Split.
Summary of Dilutive Common Shares were Excluded from Calculation of Diluted
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| |
|
Three Months Ended |
|
|
Nine Months Ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Shares subject to options to purchase common stock |
|
|
743,122 |
|
|
|
495,139 |
|
|
|
743,122 |
|
|
|
495,139 |
|
| Unvested restricted stock units |
|
|
51,724 |
|
|
|
33,740 |
|
|
|
51,724 |
|
|
|
33,740 |
|
| Shares subject to warrants to purchase common stock |
|
|
350,001 |
|
|
|
1 |
|
|
|
350,001 |
|
|
|
1 |
|
| Total |
|
|
1,144,847 |
|
|
|
528,880 |
|
|
|
1,144,847 |
|
|
|
528,880 |
|
|