Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

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NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2022
NET LOSS PER SHARE  
NET LOSS PER SHARE

6. NET LOSS PER SHARE

Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share for the six months ended June 30, 2022 and June 30, 2021 is computed by dividing net loss by the sum of the weighted average number of shares of common stock and the dilutive potential common stock equivalents then outstanding. Potential common stock equivalents consist of stock options, warrants, preferred shares convertible into common stock and, pre-funded warrants. Since there is a net loss attributable to common stockholders for the six months ended June 30, 2022 and June 30, 2021, the inclusion of common stock equivalents in the computation for that period would be antidilutive.

The following potentially dilutive securities have been excluded from the computation of diluted net loss per share since their inclusion would be antidilutive:

Six Months Ended

June 30, 

    

2022

    

2021

Warrants

 

1,563,381

 

1,607,961

Preferred shares as convertible into common stock

 

111,111

 

694,444

Stock options

 

657,317

 

470,178

Total potentially dilutive shares

 

2,331,809

 

2,772,583