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 September 30, 2023 |
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For the three months ended September 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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$ |
(664,628 |
) |
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$ |
— |
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$ |
466,503 |
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$ |
692,134 |
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Denominator: |
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Weighted-average shares outstanding |
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8,834,645 |
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— |
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5,055,051 |
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7,500,000 |
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Basic and diluted net (loss) income per share |
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$ |
(0.08 |
) |
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$ |
— |
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$ |
0.09 |
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$ |
0.09 |
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For the nine months ended September 30, 2023 |
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For the nine months ended September 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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$ |
(2,658,427 |
) |
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$ |
(1,113,402 |
) |
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$ |
6,942,655 |
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$ |
2,598,261 |
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Denominator: |
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Weighted-average shares outstanding |
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6,297,129 |
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2,637,363 |
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20,040,295 |
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7,500,000 |
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Basic and diluted net (loss) income per share |
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$ |
(0.42 |
) |
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$ |
(0.42 |
) |
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$ |
0.35 |
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$ |
0.35 |
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