Spire Global, Inc. Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

Net Loss per Share

Net Loss per Share

12 Months Ended

Dec. 31, 2021

15.	Net Loss per Share

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


	Year Ended December 31,
	2021			2020
Numerator:
Net loss	$	(19,312	)	$	(32,504	)

Denominator:
Weighted-average shares used in computing basic and diluted net loss per share		62,137,434			17,610,405

Basic and diluted net loss per share	$	(0.31	)	$	(1.85	)

The Company has two types of common stock, Class A and Class B. Class B common stock has no economic rights, 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 common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share for the years ended December 31, 2021 and 2020 because including them would have had an anti-dilutive effect:


	Year Ended December 31,
	2021		2020
Stock options to purchase common stock		21,263,847		19,676,350
Public and private warrants		18,099,992		—
RSU Shares		783,902		—
Convertible preferred stock (if-converted)		—		42,726,773
Warrants for the purchase of Series C convertible preferred stock (if-converted)		—		146,919
Warrants for the purchase of common stock		—		2,328,009
Convertible notes (if-converted)		—		34,219,450

		40,147,741		99,097,501