(U.S. Dollars in thousands, except per share amounts)
The following tables provide a calculation of the GAAP Loss per share and reconciliation to Non-GAAP Loss per share.
|
| Three Months Ended September 30, | Nine Months Ended September 30, |
| ||
GAAP Loss per Share | 2024 | 2023 | 2024 | 2023 |
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|
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GAAP Net Loss used for computing Loss per Share | (10,355) | (12,492) |
(29,266) |
(22,451) | |
Earnings Per Share Data: |
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|
|
| |
GAAP Loss per Share (in U.S. Dollars) | $(0.10) | $(0.12) |
$(0.28) |
$(0.22) | |
Weighted average number of shares and vested RSUs used
| 106,098,703 | 102,216,654 |
105,075,212 |
101,659,653 | |
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|
Three Months Ended
|
Nine Months Ended
| |||
Non-GAAP Loss per Share[7] | 2024 | 2023 | 2024 | 2023 | |
|
|
|
|
|
| |
GAAP Net Loss | (10,355) | (12,492) |
(29,266) |
(22,451) | |
Adjusted to exclude the following: |
|
|
|
| |
Stock based compensation | 3,760 | 3,708 |
11,259 |
11,517 | |
Depreciation and amortization | 823 | 400 |
1,758 |
1,193 | |
Certain batch production incident expenses | 2,249 | - |
2,249 |
- | |
Change in earnout liability | 264 | - |
292 |
- | |
Change in fair value of Forfeiture Shares | (3) | (89) |
(38) |
(1,618) | |
Total Non-GAAP Loss used for computing Loss per Share | (3,262) | (8,473) |
(13,746) |
(11,359) | |
|
Earnings Per Share Data: |
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|
|
| |
| Non-GAAP (Loss) per Share (in U.S. Dollars) | $(0.03) | $(0.08) |
$(0.13) |
$(0.11) | |
| Weighted average number of shares and vested RSUs used
| 106,098,703 | 102,216,654 |
105,075,212 |
101,659,653 | |
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