MoneyLion Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Schdeule of computation of net loss per common share

The following table sets forth the computation of net loss per share of Class A Common Stock for the three and six months ended June 30, 2023 and 2022:


	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2022			2023			2022
Numerator:
Net loss	$	(27,723	)	$	(23,065	)	$	(36,940	)	$	(33,043	)
Reversal of previously accrued / (accrued) dividends on preferred stock		2,667			(2,176	)		690			(3,204	)
Net loss attributable to common shareholders	$	(25,056	)	$	(25,241	)	$	(36,250	)	$	(36,247	)

Denominator:
Weighted-average common shares outstanding - basic and diluted(1)		9,234,238			7,877,106			8,944,836			7,784,688
Net loss per share attributable to common stockholders - basic and diluted(1)	$	(2.71	)	$	(3.20	)	$	(4.05	)	$	(4.66	)

(1)

Prior period results have been adjusted to reflect the Reverse Stock Split at a ratio of 1-for-30 that became effective April 24, 2023. See Note 1, “Description of Business and Basis of Presentation,” for details.

Schdeule of potential common shares

The following potential common shares have been excluded from the computation of diluted net loss per share for the three and six months ended June 30, 2023 and 2022:


	June 30,
	2023		2022
Conversion of convertible preferred stock(1)		-		956,464
Warrants to purchase common stock and redeemable convertible preferred stock(1)		853,330		853,330
PSUs, RSUs and options to purchase common stock(1)		2,448,661		2,051,094
Right to receive earnout shares(1)		583,333		583,333
Total common stock equivalents		3,885,324		4,444,221

(1)