Quarterly report [Sections 13 or 15(d)]

Loss Per Share

v3.25.1
Loss Per Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
The following table is the basic and diluted loss per share computation. For all periods presented, weighted average shares and loss per share reflect the effects of the Reverse Stock Split.
Three months ended March 31,
2025 2024
Numerator:
Net loss $ (7,567,187) $ (72,838,936)
Net loss attributable to Common Stockholders (7,567,187) (72,838,936)
 
Denominator:
Weighted average shares used to compute basic and diluted LPS 27,447,425 1,239,881
 
Basic and diluted loss per share $ (0.28) $ (58.75)
 
Anti-dilutive securities excluded from shares outstanding:
Stock options 17,326 70,985
Restricted and performance stock units 141,967 140,529
Warrants 545,419 1,040,904
Earnout shares 208,333 208,333
Seatrepid earnout shares 6,043,896  -
Convertible debt 7,769,584 3,310,889
Series A Convertible Preferred Stock
 19,361,951 -
Total 34,088,476 4,771,640