Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE

v3.25.2
EARNINGS (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
 11. EARNINGS (LOSS) PER SHARE
The reconciliations of the net loss and the weighted average number of shares used in the computations of basic and diluted loss per share are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2025 2024 2025 2024
Numerator:
Net loss
 $ (12,331) $ (1,938) $ (29,346) $ (20,293)
Denominator:
Weighted-average shares of common stock - basic and diluted
 195,196,597  195,138,473  195,196,597  195,135,057 
Loss per common share:
Basic and diluted
 $ (0.06) $ (0.01) $ (0.15) $ (0.10)
The following table summarizes weighted average instruments that may, in the future, have a dilutive effect on earnings (loss) per share, but were excluded from consideration in the computation of diluted net loss per share for the three and six months ended June 30, 2025 and 2024, because the impact of including them would have been anti-dilutive:
Three Months Ended June 30, Six Months Ended June 30,
2025 2024 2025 2024
Stock options 24,545,305  28,027,491  25,108,643  27,840,551 
Warrants (derivative liabilities and equity) 79,929,162  88,564,891  77,494,994  88,237,693 
Unvested restricted stock awards —  1,861  —  1,861 
104,474,467  116,594,243  102,603,637  116,080,105