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, 2022

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,
	2022			2021
Numerator:
Net loss	$	(11,792	)	$	(19,698	)
Denominator:
Weighted-average shares used in computing basic and diluted net loss per share		139,274,538			17,750,210
Basic and diluted net loss per share	$	(0.08	)	$	(1.11	)

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 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
Stock options to purchase common stock		20,104,227		21,969,852
Public and private warrants		18,099,992		—
RSU Shares		8,470,838		—
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		—		2,383,298
Convertible notes (if-converted)		—		36,846,762
		46,675,057		104,073,604