Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

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NET LOSS PER SHARE
9 Months Ended
Sep. 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 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 all periods presented, the inclusion of common stock equivalents in the computation for each 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:

As of September 30, 

    

2022

    

2021

Warrants

 

1,563,381

 

1,607,961

Preferred shares as convertible into common stock

 

111,111

 

694,444

Stock options

 

654,263

 

470,178

Total potentially dilutive shares

 

2,328,755

 

2,772,583