Quarterly report pursuant to Section 13 or 15(d)

Net Earnings (Loss) Per Share Attributable to Common Stockholders

v3.23.2
Net Earnings (Loss) Per Share Attributable to Common Stockholders
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share Attributable to Common Stockholders

NOTE 10 Net Earnings (Loss) Per Share Attributable to Common Stockholders

 

The following table sets forth the computation of the Company’s basic and diluted earnings (loss) per share attributable to common stockholders for the three and six months shown below:

 

Schedule of Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders 

    2023     2022     2023     2022  
    Three Months Ended June 30,     Six Months Ended June 30,  
    2023     2022     2023     2022  
Numerator:                        
Net profit (loss)   $ 509     $ (4,225 )   $ 736     $ (11,437 )
Denominator:                                
Weighted-average shares used in computing net earnings (loss) per share, basic     41,039,405       19,283,496       40,973,594       19,197,859  
Net earnings (loss) per share, basic     0.01       (0.22 )     0.02       (0.60 )
Weighted-average shares used in computing net earnings (loss) per share, diluted     43,398,189       19,283,496       41,903,630       19,197,859  
Net earnings (loss) per share, diluted   $ 0.01     $ (0.22 )   $ 0.02     $ (0.60 )

 

 

SONIM TECHNOLOGIES, INC

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(In thousands of U.S. dollars except share and per share amounts or as otherwise disclosed)

 

The dilutive common shares that were used in the calculation of diluted earnings for 2023 are presented in the table below. The 2022 amounts were not used as they were antidilutive.

 

Summary of Dilutive Common Shares were Excluded from Calculation of Diluted Net Loss Per Share

    2023     2022     2023     2022  
    Three Months Ended June 30,     Six Months Ended June 30,  
    2023     2022     2023     2022  
Shares subject to options to purchase common stock     5,841,382       83,356       5,841,382       83,356  
Unvested restricted stock units     922,939       235,102       922,939       235,102  
Shares subject to warrants to purchase common Stock     2       2       2       2  
Total     6,764,323       318,460       6,764,323       318,460