v3.25.2
NET LOSS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Calculating Diluted Earnings Per Share The following table sets forth securities outstanding that could potentially dilute the calculation of diluted earnings per share:

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Stock options outstanding

 

 

186,938

 

 

 

171,170

 

Junior Note Warrants

 

 

859,315

 

 

 

550,000

 

Public Warrants

 

 

417,770

 

 

 

417,770

 

June 2023 Senior Note Warrants

 

 

335,210

 

 

 

335,210

 

August 2024 Warrants Issued with Junior Notes

 

 

19,892

 

 

 

—

 

Unvested restricted stock units

 

 

3,247

 

 

 

21,778

 

If-converted Common Stock from Series A Preferred Stock(1)

 

 

119,445

 

 

 

151,945

 

If-converted Common Stock from convertible notes

 

 

—

 

 

 

335,661

 

Total

 

 

1,941,817

 

 

 

1,983,534

 

 

(1)
Related to the three months ended March 31, 2024, assumed that all shares of Series A Preferred Stock were converted into Common Stock at a conversion rate equal to $0.25 divided by $5.00, representing the maximum number of shares issuable to holders of Series A Preferred Stock.