v3.26.1
Note 14 - Net Loss Per Share
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 14. Net Loss Per Share

 

The computation of basic and diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2026 and 2025 was as follows:

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 

(in thousands, except share and per share data)

 

2026

  

2025

  

2026

  

2025

 

Numerator:

                

Net loss attributable to common stockholders

 $(13,424) $(7,419) $(21,515) $(8,170)

Denominator:

                

Weighted average common shares outstanding

  12,382,702   9,523,592   12,015,498   9,176,063 

Net loss per share attributable to common stockholders – basic and diluted

 $(1.08) $(0.78) $(1.79) $(0.89)

 

The following shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2026 and 2025 because they were antidilutive, out-of-the-money, or the issuance of such shares is contingent upon certain conditions that were not satisfied by the end of the period:

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Convertible notes payable (see Note 8)

  1,597,714   1,209,289   1,597,714   1,209,289 

Common stock warrants (see Note 13)

  7,910,247   6,818,518   7,910,247   6,818,518 

Options to purchase common stock (see Note 11)

  3,458,957   2,312,795   3,458,957   2,312,795 

Unvested restricted stock awards (see Note 11)

     36,778      36,778 

Contingent earn-out shares (see Note 2)

     329,628      329,628 

Total shares excluded from diluted net loss per share

  12,966,918   10,707,008   12,966,918   10,707,008