Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders for the periods presented (in thousands, except for share and per share data):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | | | | Numerator: | | | | | | | | Net loss attributable to Forge Global Holdings, Inc., basic | $ | (16,198) | | | $ | (5,074) | | | $ | (85,741) | | | $ | (12,139) | | Less: Decrease in fair value of Junior Preferred warrants | $ | (3,937) | | | $ | — | | | $ | (3,897) | | | $ | — | | Net loss attributable to common stockholders, diluted | $ | (20,135) | | | $ | (5,074) | | | $ | (89,638) | | | $ | (12,139) | | Denominator: | | | | | | | | Weighted-average number of shares used to compute net loss per share attributable to common stockholders, basic | 169,838,778 | | | 51,450,791 | | | 134,683,950 | | | 55,147,414 | | Dilutive effect of common share equivalents | 370,478 | | | — | | | 1,276,662 | | | — | | Weighted-average number of shares used to compute net loss per share attributable to common stockholders, diluted | 170,209,256 | | | 51,450,791 | | | 135,960,612 | | | 55,147,414 | | Net loss per share attributed to common stockholders: | | | | | | | | Basic | $ | (0.10) | | | $ | (0.10) | | | $ | (0.64) | | | $ | (0.22) | | Diluted | $ | (0.12) | | | $ | (0.10) | | | $ | (0.66) | | | $ | (0.22) | |
|
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following potentially dilutive shares were excluded in the calculation of diluted shares outstanding as the effect would have been anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | | | | | | | | | | | | Convertible preferred stock | — | | 73,914,150 | | — | | 73,914,150 | Outstanding options | 13,407,629 | | 16,382,490 | | 13,407,629 | | 16,382,490 | Common stock and preferred stock warrants | 3,282,652 | | 3,774,437 | | 3,282,652 | | 3,774,437 | Private Placement Warrants issued upon Merger | 7,386,667 | | — | | 7,386,667 | | — | Common stock subject to repurchase | 1,743,477 | | 11,432,272 | | 1,743,477 | | 11,432,272 | Restricted stock units | 7,126,492 | | — | | 7,126,492 | | — | | | | | | | | | Total | 32,946,917 | | 105,503,349 | | 32,946,917 | | 105,503,349 |
|