Loss Per Common Share

12 Months Ended

Dec. 31, 2023

The following table summarizes the Company's earnings (loss) per share (USD in thousands, except per share amounts):



	December 31, 2023		December 31, 2022
Net loss from continuing operations	$	(204,850)	$	(213,633)
Net loss from discontinued operations	(29,276)		(68,452)
Preferred stock dividends	(481)		(56)
Net loss attributable to Ideanomics, Inc. common stockholders	$(234,607)		$(282,141)

Basic and diluted weighted average common shares outstanding	9,971,038		4,101,624
Net loss per share:
Basic and diluted
Continuing operations	$	(20.59)	$	(52.10)
Discontinued operations	(2.94)		(16.69)
Basic and diluted loss per share of Common Stock	$	(23.53)	$	(68.79)

Basic loss per common share attributable to our shareholders is calculated by dividing the net loss attributable to our shareholders by the weighted average number of outstanding common shares during the period.

Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive.

The following table includes the number of shares that may be dilutive potential common shares in the future. The holders of these shares do not have a contractual obligation to share in our losses and thus these shares were not included in the computation of diluted loss per share because the effect was antidilutive (in thousands.)


	December 31, 2023	December 31, 2022
Warrants	—	80
Options and RSUs	203	336
Series A Preferred Stock	7	7
Series B Preferred Stock	1,058	500
Series C Preferred Stock	186	—
Contingent shares	—	12
Convertible promissory note and interest	3,972	243
Total	5,426	1,178