Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2021


Note 14.			Loss Per Share

Basic net loss per share (EPS) is computed by dividing net loss attributable to RealNetworks by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net loss attributable to RealNetworks by the weighted average number of common and dilutive potential common shares outstanding during the period. Basic and diluted EPS (in thousands, except per share amounts):


	Years ended December 31,
	2021		2020
Net loss from continuing operations attributable to RealNetworks	$	(21,248)	$	(4,830)
Net loss from discontinued operations attributable to RealNetworks	(733)		(22)
Net loss attributable to RealNetworks	$	(21,981)	$	(4,852)

Weighted average common shares outstanding used to compute basic EPS	44,277		38,272
Dilutive effect of stock based awards and Series B Preferred Stock	—		—
Weighted average common shares outstanding used to compute diluted EPS	44,277		38,272

Net loss per share attributable to RealNetworks - Basic:
Continuing operations	$	(0.48)	$	(0.13)
Discontinued operations	(0.02)		—
Total net loss per share - Basic	$	(0.50)	$	(0.13)
Net loss per share attributable to RealNetworks - Diluted:
Continuing operations	$	(0.48)	$	(0.13)
Discontinued operations	(0.02)		—
Total net loss per share - Diluted	$	(0.50)	$	(0.13)

Approximately 4.4 million and 6.8 million shares of potentially issuable shares from stock awards were excluded from the calculation of diluted EPS for the years ended December 31, 2021 and 2020, respectively, because of their antidilutive effect.

During 2020, 8.1 million shares of Series B preferred stock were issued. The Series B Preferred Stock is convertible into common stock on a one-to-one basis subject to the limitation described in Note 19. Related Party Transactions. During the years ended December 31, 2021 and December 31, 2020, these shares were also excluded from the calculation of diluted EPS because of their antidilutive effect.