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

9 Months Ended

Sep. 30, 2021

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 September 30,						Nine Months Ended September 30,
	2021			2020			2021			2020
Numerator:
Net loss attributable to common stockholders	$	(56,108	)	$	(7,624	)	$	(102,668	)	$	(22,340	)

Denominator:
Weighted-average shares of New Spire Class A Common Stock used in computing basic and diluted net loss per share		67,348,269			17,605,469			37,389,424			17,603,874

Basic and diluted net loss per share (New Spire Class A Common Stock)	$	(0.83	)	$	(0.43	)	$	(2.75	)	$	(1.27	)

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 nine months ended September 30, because including them would have had an anti-dilutive effect:


	September 30,
	2021		2020
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		—		1,285,078
Convertible notes (if-converted)		—		34,670,225
Stock options to purchase common stock		22,170,601		13,778,549

		22,170,601		92,607,544