| 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. Share amounts for the periods
ended June 30, 2024, have been adjusted retrospectively for the Reverse Stock Split.
Schedule of Computation of Basic and Diluted Net Loss Per Share
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, |
|
|
June 30, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(7,475 |
) |
|
$ |
(6,616 |
) |
|
$ |
(7,017 |
) |
|
$ |
(9,522 |
) |
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average shares used in computing net loss per share, basic |
|
|
9,510,601 |
|
|
|
4,685,352 |
|
|
|
7,685,323 |
|
|
|
4,561,741 |
|
| Net loss per share, basic |
|
$ |
(0.79 |
) |
|
$ |
(1.41 |
) |
|
$ |
(0.91 |
) |
|
$ |
(2.09 |
) |
| Weighted-average shares used in computing net loss per share, diluted |
|
|
9,510,601 |
|
|
|
4,685,352 |
|
|
|
7,685,323 |
|
|
|
4,561,741 |
|
| Net loss per share, diluted |
|
$ |
(0.79 |
) |
|
$ |
(1.41 |
) |
|
$ |
(0.91 |
) |
|
$ |
(2.09 |
) |
The
potentially dilutive common shares that were excluded from the calculation of diluted net loss per share because their effect would have
been antidilutive are as follows. Share amounts for the periods ended June 30, 2024, have been adjusted retroactively for the Reverse
Stock Split.
Schedule of Dilutive Common Shares were Excluded from Calculation of Diluted
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, |
|
|
June 30, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Shares subject to options to purchase common stock |
|
|
675,779 |
|
|
|
730,649 |
|
|
|
675,779 |
|
|
|
730,649 |
|
| Unvested restricted stock units |
|
|
— |
|
|
|
61,108 |
|
|
|
— |
|
|
|
61,108 |
|
| Shares subject to warrants to purchase common stock |
|
|
900,000 |
|
|
|
350,001 |
|
|
|
900,000 |
|
|
|
350,001 |
|
| Total |
|
|
1,575,779 |
|
|
|
1,141,758 |
|
|
|
1,575,779 |
|
|
|
1,141,758 |
|
Additional
warrants and shares of the Company’s common stock were issued subsequent to June 30, 2025. See Note 11, Subsequent Events.
|