TELOS CORP
For the period ended Mar 31, 2025. Filed May 9, 2025.
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Mar 31, 2025 · Filed May 9, 2025
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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 | ||
| March 31, 2025 | March 31, 2024 | |
| (in thousands) | ||
| Weighted-average number of shares – unvested restricted stock units and stock options | 628 | 1,245 |
For the three months ended March 31, 2025, and 2024, the outstanding PSUs aggregating to 10,604,187 and 43,800, 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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