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

Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss per Share

Basic and Diluted Net Loss per Share

3 Months Ended

Mar. 31, 2022

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 March 31,
	2022		2021
	(In thousands, except share and per share data)
Numerator:
Net loss	$	(65,341)	$	(13,548)
Denominator:
Weighted average shares used in computing net loss per share – basic and diluted	183,498,082		16,019,559
Net loss per share – basic and diluted.	$	(0.36)	$	(0.85)

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 attributable to common stockholders for the periods presented because including them would have had an antidilutive effect:


	Three months ended March 31,
	2022	2021
	(share data)
Redeemable convertible preferred stock	—	147,876,672
Convertible promissory note	—	6,756,757
Redeemable convertible preferred stock warrants	—	408,729
Common stock warrants	13,075,000	229,297
Restricted stock units issued and outstanding	4,549,179	—
Common stock options issued and outstanding	20,786,579	21,183,188
Total potentially dilutive common share equivalents	38,410,758	176,454,643

Total potentially dilutive common share equivalents for the three months ended March 31, 2022, excludes 21,758,148 shares related to the earnout liability as these shares are contingently issuable upon meeting certain triggering events.