Sonim Technologies Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Attributable to Common Stockholders

Net Loss Per Share Attributable to Common Stockholders

6 Months Ended

Jun. 30, 2019

Net Loss Per Share Attributable to Common Stockholders

NOTE 12 —Net Loss Per Share Attributable to Common Stockholders

Net loss per share attributable to common stockholders for the three and six months ended June 30, 2019 and 2018 was determined by increasing Net loss for the six months 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 attributable to common stockholders for the three and six months ended:

	Three Months Ended						Six Months Ended
	June 30						June 30
	2019			2018			2019			2018
Numerator:
Net loss allocable to common stockholders	$	(6,083	)	$	(3,123	)	$	(12,289	)	$	(11,161	)
Denominator:
Weighted-average shares used in computing net loss per share, basic and diluted		18,120,143			1,036,059			16,950,375			1,035,345
Net loss per share, basic and diluted	$	(0.34	)	$	(3.01	)	$	(0.73	)	$	(10.78	)

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 three and six months ended June 30, 2019 and 2018, respectively, are presented are as follows:

	Three Months Ended				Six Months Ended
	June 30				June 30
	2019		2018		2019		2018
Shares of convertible preferred stock		—		11,906,783		—		11,906,783
Shares subject to options to purchase common stock		1,819,292		1,037,618		1,819,292		1,037,618
Unvested restricted stock units		128,000		—		128,000		—
Shares subject to warrants to purchase convertible preferred stock		—		—		—		156,294
Shares subject to warrants to purchase common stock		956		156,294		956		—
Shares subject to term debt optional conversion into convertible preferred stock		—		1,422,865		—		1,422,865
Shares subject to term debt optional conversion into common stock		1,099,278		—		1,099,278		—
Total		3,047,526		14,523,560		3,047,526		14,523,560