Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? EQUITY (Tables)

v3.25.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share of our Class A common stock is as follows (in thousands, except per share amounts):

 

(in thousands, except share and per share data)   2025     2024  
    Three months ended March 31,  
(in thousands, except share and per share data)   2025     2024  
Numerator:                
Net loss   $ (3,867 )   $ (4,491 )
Less: Net loss attributable to non-controlling interests            
Net loss attributable to Class A common stockholders   $ (3,867 )   $ (4,491 )
Denominator:                
Weighted average shares of Class A common stock outstanding     12,178,170       354,943  
Net loss per share of Class A common stock - basic and diluted   $ (0.32 )   $ (12.65 )
Schedule of Outstanding Potentially Dilutive Securities

The following table sets forth the outstanding potentially dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive (in common stock equivalent shares):

 

    March 31, 2025     March 31, 2024  
    Three Months Ended March 31,  
    2025     2024  
Stock options to purchase common stock     334       360  
Warrants to purchase common stock     66,925,201       774,099  
Antidilutive Securities, value     66,925,535       774,459