Sprout Social, Inc.
For the period ended Mar 31, 2025. Filed May 9, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed May 9, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
9. Net Loss per Share
- Net Loss per Share
Basic net loss per share is calculated by dividing the net loss by the weighted average number of outstanding shares of common stock for each period. Diluted net loss per share is calculated by giving effect to all potential dilutive common stock equivalents, which includes stock options and restricted stock units. Because the Company incurred net losses each period, the basic and diluted calculations are the same. Basic and diluted net loss per share are the same for each class of common stock, as both Class A and Class B stockholders are entitled to the same liquidation and dividend rights.
The following table presents the calculation for basic and diluted net loss per share (in thousands, except share and per share data):
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net loss attributable to common shareholders | $(11,220) | $(13,575) |
| Weighted average common shares outstanding | 57,890,898 | 56,344,242 |
| Net loss per share, basic and diluted | $(0.19) | $(0.24) |
The following outstanding shares of common stock equivalents were excluded from the calculation of diluted net loss per share for each period, as the impact of including them would have been anti-dilutive.
| March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Stock options outstanding | — | 27,010 |
| RSUs outstanding | 5,325,777 | 4,046,291 |
| Total potentially dilutive shares | 5,325,777 | 4,073,301 |
Sprout Social, Inc.
Notes to Condensed Consolidated Financial Statements (Unaudited)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.