Sonim Technologies Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

Net Loss Per Share

12 Months Ended

Dec. 31, 2020

NOTE 12 —Net Loss Per Share

Net loss per share for the years ended December 31, 2020 and 2019, was determined by decreasing Net income or increasing Net loss for the years then ended by the number of cumulative dividends, not yet declared, on the Company's previously outstanding convertible preferred stock. The following table sets forth the computation of the Company’s basic and diluted net loss per share for the periods ended:

	For the Years Ended
	December 31
	2020			2019
Numerator:
Net loss	$	(29,932	)	$	(25,834	)
Denominator:
Weighted-average shares used in computing net loss per share, basic and diluted		46,208,894			18,603,582
Net loss per share, basic and diluted	$	(0.65	)	$	(1.39	)

The potentially dilutive common shares that were excluded from the calculation of diluted net loss per share because their effect would have been antidilutive for the periods ended:

	For the Years Ended
	December 31
	2020		2019
Shares subject to options to purchase common stock		1,443,940		2,645,714
Unvested restricted stock units		2,691,375		249,500
Shares subject to warrants to purchase common stock		29		956
Shares subject to term debt optional conversion into common stock		—		761,186
Total		4,135,344		3,657,356