Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

Net Loss Per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 14 — Net Loss Per Share


The “Net loss per share basic and diluted” for the respective periods indicated - is as follows:


    2023     2022  
    Three Months Ended March 31,  
    2023     2022  
Net loss   $ (16,247 )   $ (12,270 )
Weighted average common shares outstanding, basic and diluted     40,970,504       35,123,039  
Net loss per share                
Net loss per share - basic and diluted   $ (0.40 )   $ (0.35 )


Basic weighted-average number of shares of common stock outstanding for the three months ended March 31, 2023 and 2022 include the shares of the Company issued and outstanding during such periods, each on a weighted average basis. The basic weighted average number of shares common stock outstanding excludes common stock equivalent incremental shares, while diluted weighted average number of shares outstanding includes such incremental shares. However, as the Company was in a loss position for all periods presented, basic and diluted weighted average shares outstanding are the same, as the inclusion of the incremental shares would be anti-dilutive. The common stock equivalents excluded from the computation of diluted weighted average shares outstanding are as follows:


    2023     2022  
    March 31,  
    2023     2022  
Stock options     5,052,458       2,864,427  
Unvested restricted stock awards     1,872,100       2,260,740  
Preferred stock     13,695,850        
Total     20,620,408       5,125,167