Net Loss Per Share

9 Months Ended

Sep. 30, 2024

13. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders for the periods presented:


	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
	(in thousands, except shares and per share data)						(in thousands, except shares and per share data)
Numerator:
Loss from continuing operations, net of tax	$	(7,536	)	$	(17,449	)	$	(27,171	)	$	(51,188	)
Income from discontinued operations, net of tax		—			469			5,508			1,147
Net loss	$	(7,536	)	$	(16,980	)	$	(21,663	)	$	(50,041	)
Denominator:
Weighted-average shares outstanding – basic and diluted		477,857			471,427			475,188			469,934
Net loss per share – basic and diluted	$	(15.77	)	$	(36.02	)	$	(45.59	)	$	(106.49	)

For the three months and the nine months ended September 30, 2024 and 2023, the Company recorded a net loss, and all shares subject to outstanding equity awards were excluded from the calculation of diluted shares for those periods because their impact would have been anti-dilutive.

Sonendo, Inc. 10-Q