Spire Global, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Share

Net Loss per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Net Loss per Share

11.

Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:


	Three Months Ended March 31,
	2023			2022
Numerator:
Net loss	$	(17,673	)	$	(11,792	)
Denominator:
Weighted-average shares used in computing basic and diluted net loss per share		144,770,908			139,274,538
Basic and diluted net loss per share	$	(0.12	)	$	(0.08	)

The Company has two classes of common stock, Class A and Class B. Class B common stock has no economic rights, and therefore has been excluded from the computation of basic and diluted net loss per share. The Company’s potential dilutive securities 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 common shares outstanding used to calculate both basic and diluted net loss per share is the same.

The Company excluded the following potential shares of Class A common stock, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the three months ended March 31, 2023 and 2022, because including them would have had an anti-dilutive effect:


	Three Months Ended March 31,
	2023		2022
Stock options and 2021 ESPP to purchase Class A common stock		19,379,210		20,104,227
Public and Private Warrants		—		18,099,992
RSUs		11,542,047		8,470,838
Credit Agreement Warrants		3,694,880		—
		34,616,137		46,675,057