TELOS CORP
For the period ended Mar 31, 2024. Filed May 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
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. Loss per Share
- LOSS PER SHARE
For the period of net loss, potentially dilutive securities are not included in the calculation of diluted net earnings (loss) per share, because to do so would be anti-dilutive.
| Table 14: Potentially Dilutive Securities | ||
|---|---|---|
| For the Three Months Ended | ||
| March 31, 2024 | March 31, 2023 | |
| (in thousands) | ||
| Unvested restricted stock and restricted stock units | 1,245 | 410 |
For the three months ended March 31, 2024 and 2023, the outstanding PSUs aggregating to 43,800 and 265,608, respectively, have been excluded from the calculation of potentially dilutive securities above because the issuance of shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period.
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