Quarterly report [Sections 13 or 15(d)]

Note 7 - Net Loss Per Share

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Note 7 - Net Loss Per Share
9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note 7  Net Loss Per Share
 

Basic and diluted net loss per common share was calculated as follows: 

 

   

Three Months Ended September 30,

   

Nine Months Ended September 30,

 

(in thousands, except for net loss per share)

 

2025

   

2024**

   

2025

   

2024**

 

Numerator:

                               

Net loss

  $ (3,438 )   $ (1,304 )   $ (8,516 )   $ (4,661 )
                                 

Denominator:

                               

Weighted-average common shares outstanding, basic and diluted

    7,124       3,520       7,037       3,419  
                                 

Net loss per common share, basic and diluted

  $ (0.48 )   $ (0.37 )   $ (1.21 )   $ (1.36 )
                                 

Anti-dilutive potential common stock equivalents excluded from the calculation of net loss per share:

                               

Stock options to purchase common stock

    601       429       601       429  

Unvested restricted stock units

    115       48       115       48  

     

** Information pertaining to the number of shares outstanding gives retroactive effect to a 1 for 5 reverse stock split that became effective on August 12, 2024.