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Net Earnings (Loss) Per Share Attributable to Common Stockholders
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share Attributable to Common Stockholders

NOTE 10 Net Earnings (Loss) Per Share Attributable to Common Stockholders

 

The following table sets forth the computation of the Company’s basic and diluted earnings (loss) per share attributable to common stockholders for the three and nine months shown below:

 

   2023   2022   2023   2022 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2023   2022   2023   2022 
Numerator:                    
Net profit (loss)  $527   $(1,608)  $1,263   $(13,045)
Denominator:                    
Weighted-average shares used in
computing net earnings (loss) per share, basic
   41,851,729    36,085,226    41,269,583    24,888,859 
Net earnings (loss) per share, basic   0.01    (0.04)   0.03    (0.52)
Weighted-average shares used in computing net earnings (loss) per share, diluted   42,992,680    36,085,226    42,535,699    24,888,859 
Net earnings (loss) per share, diluted  $0.01   $(0.04)  $0.03   $(0.52)

 

 

SONIM TECHNOLOGIES, INC

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(In thousands of U.S. dollars except share and per share amounts or as otherwise disclosed)

 

The dilutive common shares that were used in the calculation of diluted earnings for 2023 are presented in the table below. The 2022 amounts were not used as they were antidilutive.

 

   2023   2022   2023   2022 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2023   2022   2023   2022 
Shares subject to options to purchase common stock   4,951,382    62,548    4,951,382    62,548 
Unvested restricted stock units   337,396    691,355    337,396    691,355 
Shares subject to warrants to purchase common stock   2    2    2    2 
Total   5,288,780    753,905    5,288,780    753,905