Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.2
Basic and Diluted Net Income (Loss) per Common Share (Tables)
 6 Months Ended
Jun. 30, 2023
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, 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:     4,070,195       366,418       4,436,613  
                         
Net loss per common share:                        
Net loss   $ (0.60 )   $ (2.63 )   $ (0.77 )
Deemed dividend and accretion of a discount     (0.01 )     -       (0.01 )
Net loss attributable to common stockholders   $ (0.61 )   $ (2.63 )   $ (0.78 )

 

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:     3,176,558       106,109       3,282,667  
                         
Net loss per common share:                        
Net loss   $ (0.87 )   $ (42.95 )   $ (2.23 )
Deemed dividend and accretion of a discount     (0.01 )     -       (0.01 )
Net loss attributable to common stockholders   $ (0.88 )   $ (42.95 )   $ (2.24 )

 

Below are basic and diluted loss per share data for the three months ended June 30, 2022, which are in thousands except for share and per share data:

 

          Effect of        
          Dilutive        
    Basic     Warrant     Diluted  
    Calculation     Securities     Calculation  
Numerator:                  
Net loss   $ (2,512 )   $ (108 )   $ (2,620 )
Deemed dividend and accretion of a discount     -       -       -  
Net loss attributable to common stockholders   $ (2,512 )   $ (108 )   $ (2,620 )
                         
Denominator:                        
Number of shares used in per common share calculations:     247,166       3,622       250,787  
                         
Net loss per common share:                        
Net loss   $ (10.16 )   $ (29.82 )   $ (10.45 )
Deemed dividend and accretion of a discount     -       -       -  
Net loss attributable to common stockholders   $ (10.16 )   $ (29.82 )   $ (10.45 )

 

 

Below are basic and diluted loss per share data for the six months ended June 30, 2022, which are in thousands except for share and per share data:

 

          Effect of        
          Dilutive        
    Basic     Warrant     Diluted  
    Calculation     Securities     Calculation  
Numerator:                  
Net loss   $ (5,357 )   $ (148 )   $ (5,505 )
Deemed dividend and accretion of a discount     -       -       -  
Net loss attributable to common stockholders   $ (5,357 )   $ (148 )   $ (5,505 )
                         
Denominator:                        
Number of shares used in per common share calculations:     247,144       3,662       250,806  
                         
Net loss per common share:                        
Net loss   $ (21.68 )   $ (40.42 )   $ (21.95 )
Deemed dividend and accretion of a discount     -       -       -  
Net loss attributable to common stockholders   $ (21.68 )   $ (40.42 )   $ (21.95 )