Velo3D, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Income (Loss) per Share (Tables)

Basic and Diluted Net Income (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2023

Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(In thousands, except share and per share data)				(In thousands, except share and per share data)
Numerator:
Net loss	$	(17,396)	$	(75,195)	$	(76,795)	$	(12,587)
Denominator:
Weighted average shares outstanding–basic and diluted	197,833,109		185,560,177		193,816,804		184,454,371
Net loss per share–basic and diluted	$	(0.09)	$	(0.41)	$	(0.40)	$	(0.07)

Schedule of Potentially Dilutive Shares Excluded from Computation of Net Loss Per Share

The following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022

Common stock options	15,136,666	17,731,063	15,136,666	17,731,063
Common stock warrants	13,145,000	13,145,000	13,145,000	13,145,000
Restricted stock units	11,491,036	6,198,472	11,491,036	6,198,472
Debt derivatives	45,132,171	—	45,132,171	—
Total potentially dilutive common share equivalents	84,904,873	37,074,535	84,904,873	37,074,535