Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.24.3
Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net 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:

 

    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  
Summary of Dilutive Common Shares were Excluded from Calculation of Diluted

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.

 

    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