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, 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 September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Numerator:
Net loss	$	(21,811	)	$	(56,108	)	$	(71,868	)	$	(102,668	)
Denominator:
Weighted-average shares used in computing basic and diluted net loss per share		139,942,968			67,348,269			139,637,442			37,389,424
Basic and diluted net loss per share	$	(0.16	)	$	(0.83	)	$	(0.51	)	$	(2.75	)

The Company has two classes 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 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 and nine months ended September 30, 2022 and 2021, because including them would have had an anti-dilutive effect:


	September 30,
	2022		2021
Stock options and 2021 ESPP to purchase Class A common stock		19,698,187		22,170,601
Public and Private Warrants		18,099,992		—
RSUs		10,921,649		—
Credit Agreement Warrants		3,694,880		—
		52,414,708		22,170,601