v3.26.1
Loss Per Share of Common Stock
6 Months Ended
Jun. 30, 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
June 30,
Six Months Ended
June 30,
2026202520262025
Basic EPS and diluted EPS:
Loss (Numerator)
Net loss$(10,786,594)$(17,624,872)$(23,295,955)$(28,728,191)
Shares (Denominator)
Weighted average common shares outstanding **
39,694,243 39,659,266 39,687,418 39,655,597 
Per-Share Amount$(0.27)$(0.44)$(0.59)$(0.72)
** 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
June 30,
Six Months Ended
June 30,
2026202520262025
Stock options5,152,727 4,523,762 5,152,727 4,523,762 
Warrants3,089,182 3,121,850 3,089,182 3,121,850 
Unvested restricted stock units483,113 499,363 483,113 499,363