Better Choice Company Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Loss per share

Loss per share

3 Months Ended

Mar. 31, 2022

The Company presents loss per share on a basic and diluted basis. Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding ("WASO") during the period. For the three months ended March 31, 2022 and March 31, 2021, the Company’s basic and diluted net loss per share attributable to common stockholders are the same because the Company generated a net loss and common stock equivalents are excluded from diluted net loss per share as they have an antidilutive impact.

The following table sets forth basic and diluted net loss per share available to common stockholders for the three months ended March 31, 2022 and 2021 (in thousands, except share and per share amounts):


	Three Months Ended March 31,
Common stockholders	2022		2021

Numerator:
Net loss	$	(4,040)	$	(12,850)
Less: Adjustment due to warrant modifications	—		402
Adjusted net loss available to common stockholders	$	(4,040)	$	(13,252)
Denominator:
Basic WASO	29,289,504		9,587,509
Diluted WASO	29,289,504		9,587,509
Net loss per share available to common stockholders, basic	$	(0.14)	$	(1.38)











Net loss per share available to common stockholders, diluted	$	(0.14)	$	(1.38)