Annual report pursuant to Section 13 and 15(d)

Net income (loss) per share (Tables)

v3.23.1
Net income (loss) per share (Tables)
12 Months Ended
Dec. 31, 2022
Net income (loss) per share [Abstract]  
Computation of Weighted Average Common Shares

The following table presents the computation of weighted average common shares considered in the computation of diluted net income (loss) per share:

     2022     2021
 
Denominator (weighted average shares)
   
     
 
Basic common shares outstanding
 

19,931,080
   

14,852,745
 
Dilutive stock options
   
589,165
     
 
Dilutive warrants
   
76,967
     
 
Diluted common shares outstanding
   
20,597,212
     
14,852,745
 
Anti-dilutive Securities Excluded from Computation of Net Income (Loss) per Share
The following potential common shares were not considered in the computation of diluted net income (loss) per share as their effect would have been anti-dilutive for the year end periods presented below:

   
2022
   
2021
 
Series A, Series B and RDO warrants
   
7,145,201
      7,282,999  
Stock options
   
2,346,879
     
2,096,836
 
Restricted stock awards including pending issuances of stock for services
   
     
6,970
 
Former Rexahn warrants
   
60,713
      66,538  
Former Rexahn options
   
      82