Net Loss per Share

6 Months Ended

Jun. 30, 2024

12. Net Loss per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Numerator:
Net loss	$	(50,579	)	$	(93,515	)	$	(124,028	)	$	(492,024	)
Net loss attributable to non-controlling interest		(659	)		(1,040	)		(2,003	)		(1,861	)
Net loss attributable to American Well Corporation	$	(49,920	)	$	(92,475	)	$	(122,025	)	$	(490,163	)
Denominator:
Weighted-average common shares outstanding —basic and diluted		14,875,589			14,162,775			14,738,355			14,085,074
Net loss per share attributable to common stockholders—basic and diluted	$	(3.36	)	$	(6.53	)	$	(8.28	)	$	(34.80	)

The Company’s potential dilutive securities, which include stock options, unvested restricted stock units and unvested performance market-based stock units, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common

shares equivalents presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Unvested restricted stock units		1,891,221		1,282,825		1,891,221		1,282,825
Unvested performance market-based stock units		796,458		1,351,663		796,458		1,351,663
Options to purchase shares of common stock		465,825		512,219		465,825		512,219
		3,153,504		3,146,707		3,153,504		3,146,707