Theravance Just Filed Its Quarterly Report: 12. Net Loss Per Sha...

12. Net Loss Per Share

Basic and diluted loss per share is computed by dividing net loss attributable to common stockholders by the weighted-average common shares outstanding (in thousands, except share and per share data):

THREE MONTHS ENDED MARCH 31, 

    

2022

    

2021

Numerator:

Net loss

$

(10,497)

$

(4,473)

Net loss attributable to common stockholders - basic and diluted

$

(10,497)

$

(4,473)

Denominator:

 

 

Weighted-average common stock outstanding - basic and diluted

 

38,247,970

 

912,222

Net loss per share attributable to common stockholders - basic and diluted

$

(0.27)

$

(4.90)

The Company’s potentially dilutive securities, which include preferred stock, unvested restricted common stock, unvested RSUs and stock options, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following from the computation of diluted net loss per share attributable to common stockholders for the three months ended March 31, 2022 and 2021 because including them would have had an anti-dilutive effect:

THREE MONTHS ENDED MARCH 31,

    

2022

    

2021

    

Preferred Stock

25,475,905

Unvested restricted stock

 

744,615

 

740,406

 

Unvested RSUs

35,900

Options to purchase common stock

6,820,843

2,034,953

 

7,601,358

 

28,251,264

 

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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