Quarterly report pursuant to Section 13 or 15(d)

Net loss per share

v3.23.2
Net loss per share
6 Months Ended
Jun. 30, 2023
Net loss per share [Abstract]  
Net loss per share
10.
Net loss per share
 
Basic loss per share of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.  Diluted earnings or loss per share of common stock is computed similarly to basic earnings or loss per share except the weighted average shares outstanding are increased to include additional shares from the assumed exercise of any common stock equivalents, if dilutive. The Company’s warrants,   stock options, RSUs and any unissued common stock for services, while outstanding, are considered common stock equivalents for this purpose. Diluted earnings is computed utilizing the treasury method for the warrants, stock options, RSUs and any unissued common stock for services. No incremental common stock equivalents were included in calculating diluted loss per share because such inclusion would be anti-dilutive given the net loss reported for the periods presented.

The following potential common shares were not considered in the computation of diluted net loss per share as their effect would have been anti-dilutive for the three and six-month periods presented below:
 
   
June 30,
 
   
2023
   
2022
 
Series A, Series B, and RDO warrants
   
7,204,299
     
7,283,000
 
Stock options
   
3,444,656
     
2,784,544
 
RSUs     282,008        
Unissued common stock for services
   
     
14,147
 
Former Rexahn warrants
   
58,597
     
63,734