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The net loss in the current period includes $4.8 million, or $7.90 per share, of non-cash charges related to the value of the warrants issued in the Company’s December 2022 offering of securities and the allocation of the offering costs from the offering to the warrants.
As of December 31, 2022, ContraFect had cash, cash equivalents and marketable securities of $13.7 million.