Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 342

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 342
---
,939 Total stock-based compensation expense$26,335 $26,148 $51,917 $57,969 For the three months ended June 30, 2025 and 2024, the Company capitalized $1.9 million and $2.5 million of stock-based compensation expense, respectively. For the six months ended June 30, 2025 and 2024, the Company capitalized $3.6 million and $5.4 million of stock-based compensation expense, respectively. The Company recognized $8.6 million of stock-based compensation expense associated with liability classified awards related to the Bonus Programs in the three months ended June 30, 2025. The Company did not recognize any stock-based compensation expense associated with the liability classified awards related to the Bonus Programs in the three months ended June 30, 2024. For the six months ended June 30, 2025 and 2024, the Company recognized $12.3 million and $6.5 million of stock-based compensation expense associated with liability-classified awards related to the Bonus Programs.

11.     Net Loss Per Share Attributable to Common Stockholders

Basic net loss per share is computed by dividing net loss by basic weighted-average shares outstanding during the period. Diluted net loss per share is computed by dividing net loss by diluted weighted-average shares outstanding, including potentially dilutive securities. 

32

The following table presents the computation of basic and diluted net loss per share of common stock:Three months ended June 30,Six months ended June 30,2025202420252024(in thousands, except per share amounts)Net loss attributable to common stockholders$(37,541)$(43,729)$(76,689)$(87,156)Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted145,780 137,444 144,539 136,015 Net loss per share attributable to common stockholders, basic and diluted$(0.26)$(0.32)$(0.53)$(0.64)The following securities were excluded from the computation of diluted net loss per share of common stock for the periods presented as their effect would have been antidilutive:Number of SharesAs of June 30,20252024(in thousands)Stock options1,823 2,584 RSUs15,589 13,657 PSUs839