The
following table summarizes the potentially-dilutive shares that have been excluded from the calculation of diluted weighted-average shares
outstanding because their inclusion would be anti-dilutive:
Schedule of Potentially-Dilutive Shares Excluded from Diluted Weighted-Average Shares Outstanding
| | |
2025 | | |
2024 | |
| | |
Year Ended December 31, | |
| | |
2025 | | |
2024 | |
| Options to purchase common stock | |
| 5,842,485 | | |
| 4,306,977 | |
| Convertible note as-if-converted-to-common stock | |
| 5,296,053 | | |
| — | |
| Warrants to purchase common stock | |
| 274,773 | | |
| 5,521,152 | |
| Restricted common stock | |
| 27,439 | | |
| 1,079 | |
| Preferred stock as-if-converted-to-common stock | |
| — | | |
| 3,175,770 | |
| Total | |
| 11,440,750 | | |
| 13,004,978 | |
|