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Loss Per Share

6 Months Ended

Apr. 30, 2022

Note 15. Loss Per Share

The calculation of basic and diluted loss per share was as follows:


	Three Months Ended April 30,				Six Months Ended April 30,
	2022		2021		2022		2021
Numerator
Net loss attributable to FuelCell Energy, Inc.	$	(30,217)	$	(18,917)	$	(70,841)	$	(64,877)
Series B preferred stock dividends		(800)		(800)		(1,600)		(1,600)
Net loss attributable to common stockholders	$	(31,017)	$	(19,717)	$	(72,441)	$	(66,477)
Denominator
Weighted average common shares outstanding – basic		372,615,824		322,500,592		369,626,543		317,219,129
Effect of dilutive securities ⁽¹⁾		—		—		—		—
Weighted average common shares outstanding – diluted		372,615,824		322,500,592		369,626,543		317,219,129
Net loss to common stockholders per share – basic	$	(0.08)	$	(0.06)	$	(0.20)	$	(0.21)
Net loss to common stockholders per share – diluted ⁽¹⁾	$	(0.08)	$	(0.06)	$	(0.20)	$	(0.21)

(1)

Due to the net loss to common stockholders in each of the periods presented above, diluted loss per share was computed without consideration to potentially dilutive instruments as their inclusion would have been anti-dilutive. As of April 30, 2022 and 2021, potentially dilutive securities excluded from the diluted loss per share calculation are as follows:


	April 30,		April 30,
	2022		2021
May 2017 Offering – Series C Warrants		950,102		950,102
Outstanding options to purchase common stock		20,231		22,388
Unvested Restricted Stock Units		3,315,557		2,817,137
5% Series B Cumulative Convertible Preferred Stock		37,837		37,837
Total potentially dilutive securities		4,323,727		3,827,464