v3.26.1
Loss Per Share of Common Stock
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Loss Per Share of Common Stock Loss Per Share of Common Stock
The following tables are a reconciliation of the numerators and denominators used in the calculation of basic and diluted net loss per share computations:
Three Months Ended
March 31,
20262025
Basic EPS and diluted EPS:
Loss (Numerator)
Net loss$(12,509,361)$(11,103,319)
Shares (Denominator)
Weighted average common shares outstanding **
39,681,465 39,651,888 
Per-Share Amount$(0.32)$(0.28)
** The denominator considers the outstanding pre-funded warrants as common stock equivalents in calculating weighted average common shares outstanding.
The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been anti-dilutive:
Three Months Ended
March 31,
20262025
Stock options5,633,085 4,235,512 
Warrants3,089,182 3,122,250 
Unvested restricted stock units491,551 503,113