Annual report pursuant to Section 13 and 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v3.24.1
Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Basic and Diluted Loss Per Share

Below are basic and diluted loss per share data for the year ended December 31, 2023, which are in thousands except for share and per share data:

 

   

Basic

Calculation

   

Effect of

Dilutive

Warrant

Securities

   

Diluted

Calculation

 
Numerator:                        
Net loss   $ (8,259 )   $ (5,320 )   $ (13,579 )
Deemed dividend and accretion of a discount     (26 )     -       (26 )
Net loss attributable to common stockholders   $ (8,285 )   $ (5,320 )   $ (13,605 )
                         
Denominator:                        
Number of shares used in per common share calculations:     3,736,412       620,830       4,357,242  
                         
Net loss per common share:                        
Net loss   $ (2.21 )   $ (8.57 )   $ (3.12 )
Deemed dividend and accretion of a discount     (0.01 )     -       (0.01 )
Net loss attributable to common stockholders   $ (2.22 )   $ (8.57 )   $ (3.13 )

 

Below are basic and diluted loss per share data for the year ended December 31, 2022, which are in thousands except for share and per share data:

 

   

Basic

Calculation

   

Effect of

Dilutive

Warrant

Securities

   

Diluted

Calculation

 
Numerator:                        
Net loss   $ (12,039 )   $ (2,807 )   $ (14,846 )
Deemed dividend and accretion of a discount     (4,450 )     -       (4,450 )
Net loss attributable to common stockholders   $ (16,489 )   $ (2,807 )   $ (19,296 )
                         
Denominator:                        
Number of shares used in per common share calculations:     301,610       15,713       317,323  
                         
Net loss per common share:                        
Net loss   $ (39.92 )   $ (6.87 )   $ (46.79 )
Deemed dividend and accretion of a discount     (14.75 )     0.73       (14.02 )
Net loss attributable to common stockholders   $ (54.67 )   $ (6.14 )   $ (60.81 )