Net Loss per Share

3 Months Ended

Mar. 31, 2025

14. Net Loss per Share

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


	Three Months Ended March 31,
	2025			2024
Numerator:
Net loss	$	(18,356	)	$	(73,449	)
Net loss attributable to non-controlling interest		348			(1,344	)
Net loss attributable to American Well Corporation	$	(18,704	)	$	(72,105	)
Denominator:
Weighted-average common shares outstanding—basic and diluted		15,672,373			14,591,020
Net loss per share attributable to common stockholders—basic and diluted	$	(1.19	)	$	(4.94	)

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 March 31,
	2025		2024
Unvested restricted stock units		1,810,703		1,882,275
Unvested performance market-based stock units		755,302		901,506
Options to purchase shares of common stock		415,266		490,931
		2,981,271		3,274,712