MoneyLion Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Schdeule of computation of net loss per common share

The following table sets forth the computation of net loss per common share for the twelve months ended December 31, 2023 and 2022:


	Twelve Months Ended December 31,
	2023			2022
Numerator:
Net loss	$	(45,245	)	$	(189,066	)
Reversal of previously accrued / (accrued) dividends on preferred stock		690			(6,880	)
Net loss attributable to common shareholders	$	(44,555	)	$	(195,946	)

Denominator:
Weighted-average common shares outstanding - basic and diluted(1)		9,614,309			8,056,529
Net loss per share attributable to common stockholders - basic and diluted(1)	$	(4.63	)	$	(24.32	)

(1)

Prior period results have been adjusted to reflect the Reverse Stock Split of the Class A Common Stock 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.

Schedule of potentially issuable common shares

The Company excluded the following potentially issuable shares of Class A Common Stock from the computation of diluted net loss per share because including them would have an anti-dilutive effect for the twelve months ended December 31, 2023 and 2022:


	December 31,
	2023		2022
Conversion of convertible preferred stock(1)		—		855,186
Warrants to purchase common stock(1)		853,330		853,330
PSUs, RSUs and options to purchase common stock(1)		2,160,554		2,115,517
Right to receive Earnout Shares(1)		583,333		583,333
Total common stock equivalents		3,597,217		4,407,366

(1)