Schedule of Earnings Per Share, Basic and Diluted |
The following table presents the calculation of basic and diluted loss per share:
| | | | | | | | | | | | | Three Months Ended March 31, | | | (In thousands, except shares and per share amounts) | 2023 | 2022 | | | | Numerator: | | | | | | | | | | | | | | | | | | Net loss attributable to Amyris, Inc. common stockholders | $ | (193,342) | | $ | (107,305) | | | | | | | | | | | Interest on convertible debt | — | | 457 | | | | | Gain from change in fair value of debt | — | | (12,650) | | | | | Gain from change in fair value of derivative instruments | — | | (1,815) | | | | | Net loss attributable to Amyris, Inc. common stockholders, diluted | $ | (193,342) | | $ | (121,313) | | | | | | | | | | | Denominator: | | | | | | Weighted-average shares of common stock outstanding used in computing net loss per share of common stock, basic | 365,603,738 | | 312,896,452 | | | | | Net loss per share, basic | $ | (0.53) | | $ | (0.34) | | | | | | | | | | | Weighted-average shares of common stock outstanding | 365,603,738 | | 312,896,452 | | | | | | | | | | | Effect of dilutive convertible debt | — | | 10,146,017 | | | | | Effect of dilutive common stock warrants | — | | 669,213 | | | | | Weighted-average shares of common stock equivalents used in computing net loss per share of common stock, diluted | 365,603,738 | | 323,711,682 | | | | | Net loss per share, diluted | $ | (0.53) | | $ | (0.37) | | | | |
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Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following table presents outstanding shares of potentially dilutive securities: | | | | | | | | | | | | | Three Months Ended March 31, | | | | 2023 | 2022 | | | | Period-end common stock warrants | 28,633,956 | 2,492,652 | | | | Convertible promissory notes(1) | 107,304,540 | 86,683,389 | | | | Period-end stock options to purchase common stock | 4,102,708 | 3,800,314 | | | | Period-end restricted stock units | 15,660,128 | 17,305,337 | | | | Contingently issuable common shares | — | 1,718,475 | | | | | | | | | | Total potentially dilutive securities excluded from computation of diluted loss per share | 155,701,332 | 112,000,167 | | | |
______________ (1) The potentially dilutive effect of convertible promissory notes was computed based on conversion ratios in effect as of the respective period-end dates. A portion of the convertible promissory notes issued carries a provision for a reduction in conversion price under certain circumstances, which could potentially increase the dilutive shares outstanding. Another portion of the convertible promissory notes issued carries a provision for an increase in the conversion rate under certain circumstances, which could also potentially increase the dilutive shares outstanding.
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