Summary of Net Loss Per of Common Stock Basic and Diluted |
The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net (loss) income per share for each class of common stock.
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For the three months ended June 30, 2023 |
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For the three months ended June 30, 2022 |
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Basic and diluted net loss per share: |
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Numerator: |
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Allocation of net loss |
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$ |
(1,268,614 |
) |
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$ |
(389,852 |
) |
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$ |
(181,263 |
) |
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$ |
(53,649 |
) |
Denominator: |
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Weighted-average shares outstanding |
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1,877,359 |
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576,923 |
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25,339,955 |
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7,500,000 |
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Basic and diluted net loss per share |
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$ |
(0.68 |
) |
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$ |
(0.68 |
) |
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$ |
(0.01 |
) |
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$ |
(0.01 |
) |
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For the six months ended June 30, 2023 |
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For the six months ended June 30, 2022 |
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Basic and diluted net (loss) income per share: |
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Numerator: |
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Allocation of net (loss) income |
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$ |
(1,731,597 |
) |
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$ |
(1,375,604 |
) |
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$ |
6,594,103 |
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$ |
1,788,176 |
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Denominator: |
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Weighted-average shares outstanding |
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5,007,342 |
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3,977,901 |
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27,657,104 |
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7,500,000 |
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Basic and diluted net (loss) income per share |
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$ |
(0.35 |
) |
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$ |
(0.35 |
) |
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$ |
0.24 |
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$ |
0.24 |
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