Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.24.2.u1
Net Loss Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The following table sets forth the computation of basic and diluted net loss per share and a reconciliation of the weighted average number of shares outstanding:
Three Months Ended June 30, Six Months Ended June 30,
2024 2023 2024 2023
Numerator:
Net loss
$ (2,261) $ (5,040) $ (11,194) $ (14,593)
Denominator:
Weighted-average common shares outstanding, basic and diluted
10,501,057  10,761,511  10,509,810  10,757,470 
Net loss per share:
Net loss per share, basic and diluted
$ (0.22) $ (0.47) $ (1.07) $ (1.36)
Basic net income (loss) per share is calculated by dividing net income (loss) for the period by the weighted-average number of shares of common stock for the period. Diluted net income (loss) per share has been calculated in a manner consistent with that of basic net income (loss) per share while giving effect to shares issuable upon exercise and/or vesting of potentially dilutive stock option and RSU grants, as well as ESPP purchase rights, outstanding during the period, if applicable. Due to the net loss for all periods shown, no potentially dilutive securities had an impact on diluted loss per share for any period. For the three months ended June 30, 2024 and 2023, 406,509 and 362,894 shares (as adjusted for the Reverse Stock Split), respectively, were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect. For the six months ended June 30, 2024 and 2023, 414,587 and 372,073 shares (as adjusted for the Reverse Stock Split), respectively, were excluded from the calculation of weighted-average diluted common shares outstanding as they had an anti-dilutive effect.