Earnings Per Share |
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Earnings Per Share | EARNINGS PER SHARE Basic loss per share of common stock is calculated by dividing net loss by the weighted-average shares outstanding for the period. Potentially dilutive shares, which are based on the weighted-average shares of common stock underlying outstanding stock-based awards and warrants using the treasury stock method, and convertible notes using the if-converted method, are included when calculating the diluted net loss per share of common stock when their effect is dilutive.
The following table presents the reconciliation of net loss used in computing diluted net loss per share of common stock:
The following table presents the reconciliation of basic to diluted weighted average shares used in computing net loss per share of common stock:
The following table presents the potentially dilutive shares that were excluded from the computation of diluted net loss per share of common stock, because their effect was anti-dilutive:
(1) Represents shares issued in exchange of convertible notes on April 21, 2022. See Note 5, Debt, for additional information regarding shares issued subsequent to the date of the Condensed Consolidated Financial Statements.
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