TELOS CORP
For the period ended Jun 30, 2024. Filed Aug 9, 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.
Jun 30, 2024 · Filed Aug 9, 2024
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14. 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 | For the Six Months Ended | |||
| June 30, 2024 | June 30, 2023 | June 30, 2024 | June 30, 2023 | |
| (in thousands) | ||||
| Weighted-average number of shares – unvested restricted stock units and stock options | 654 | 269 | 1,058 | 401 |
For the three and six months ended June 30, 2024, and 2023, the outstanding PSUs aggregating to 9,418,745 and 265,608 shares, respectively, have been excluded from the calculation of potentially dilutive securities above because the issuance of shares is contingent upon certain conditions which were not satisfied by the end of the current quarter.
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