Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Income (Loss) per Common Share (Tables)

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Basic and Diluted Net Income (Loss) per Common Share (Tables)
6 Months Ended
Jun. 30, 2024
Net loss per share – basic and diluted  
Schedule of Basic and Diluted Loss Per Share

Below are basic and diluted loss per share data for the three months ended June 30, 2024, which are in thousands except for share and per share data:

 

    Basic
Calculation
   

Effect of

Dilutive
Warrant
Securities

    Diluted
Calculation
 
Numerator:                        
Net loss   $ (2,204 )   $ (312 )   $ (2,516 )
Deemed dividend and accretion of a discount     (26 )     -       (26 )
Net loss attributable to common stockholders   $ (2,774 )   $ (4,557 )   $ (7,331 )
                         
Denominator:                        
Number of shares used in per common share calculations:     631,212       66,656       697,868  
                         
Net loss per common share:                        
Net loss   $ (173.01 )   $ (8,589.28 )   $ (445.06 )
Deemed dividend and accretion of a discount     (1.64 )     -       (1.58 )
Net loss   $ (3.49 )   $ (4.69 )   $ (3.61 )

 

Below are basic and diluted loss per share data for the six months ended June 30, 2024, which are in thousands except for share and per share data:

 

    Basic
Calculation
   

Effect of

Dilutive
Warrant
Securities

    Diluted
Calculation
 
Numerator:                        
Net loss   $ (3,090 )   $ (3,283 )   $ (6,373 )
                         
Denominator:                        
Number of shares used in per common share calculations:     358,763       108,993       467,756  
                         
Net loss per common share:                        
Net loss   $ (8.61 )   $ (30.12 )   $ (13.62 )

 

Below are basic and diluted loss per share data for the three months ended June 30, 2023, which are in thousands except for share and per share data:

 

          Effect of        
          Dilutive        
    Basic     Warrant     Diluted  
    Calculation     Securities     Calculation  
Numerator:                        
Net loss   $ (2,455 )   $ (964 )   $ (3,419 )
Deemed dividend and accretion of a discount     (26 )     -       (26 )
Net loss attributable to common stockholders   $ (2,481 )   $ (964 )   $ (3,445 )
                         
Denominator:                        
Number of shares used in per common share calculations:     20,351       1,832       22,183  
                         
Net loss per common share:                        
Net loss   $ (120.63 )   $ (526.18 )   $ (154.13 )
Deemed dividend and accretion of a discount     (1.28 )     -       (1.17 )
Net loss attributable to common stockholders   $ (121.91 )   $ (526.18 )   $ (155.30 )

 

Below are basic and diluted loss per share data for the six months ended June 30, 2023, which are in thousands except for share and per share data:

 

          Effect of        
          Dilutive        
    Basic     Warrant     Diluted  
    Calculation     Securities     Calculation  
Numerator:                        
Net loss   $ (2,748 )   $ (4,557 )   $ (7,305 )
Deemed dividend and accretion of a discount     (26 )     -       (26 )
Net loss attributable to common stockholders   $ (2,774 )   $ (4,557 )   $ (7,331 )
                         
Denominator:                        
Number of shares used in per common share calculations:     15,883       531       16,413  
                         
Net loss per common share:                        
Net loss   $ (173.01 )   $ (8,589.28 )   $ (445.06 )
Deemed dividend and accretion of a discount     (1.64 )     -       (1.58 )
Net loss attributable to common stockholders   $ (174.65 )   $ (8,589.28 )   $ (446.64 )