Rodgers Silicon Valley Acquisition Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Share

Net Loss per Share

3 Months Ended

Mar. 31, 2024

The following table sets forth the computation of our basic and diluted net EPS of common stock for the periods presented below (in thousands, except share and per share amount).


	Quarters Ended
	March 31, 2024		April 2, 2023

Numerator:
Net loss attributable to common stockholders - basic and diluted	$	(46,368)	$	(73,603)




Denominator:
Weighted-average shares outstanding used in computing net loss per share of common stock, basic and diluted	168,144,918		155,626,977




Net loss per share of common stock:
Basic	$	(0.28)	$	(0.47)
Diluted	$	(0.28)	$	(0.47)

The following table discloses shares of the securities that were not included in the diluted EPS calculation above because they are anti-dilutive for the periods presented above.


	Quarters Ended
	March 31, 2024	April 2, 2023
Stock options outstanding	2,514,254	4,608,824
Restricted stock units and performance restricted stock units outstanding	9,726,554	9,821,622
Assumed conversion of Convertible Senior Notes	11,053,800	—
Private Placement Warrants outstanding	6,000,000	6,000,000

Employee stock purchase plan estimated shares	442,146	349,988