Company: LPSN
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001102993-25-000053
Chunk: 85

Company: LIVEPERSON INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 and Warrants for additional information about the 2026 Notes and First Lien Convertible Senior Notes due 2029 (the “2029 Notes” and together with the 2024 Notes and the 2026 Notes, the “Notes”).The following table presents shares used in calculating basic and diluted net loss per share for the three months ended March 31, 2025 and 2024, as follows:Three Months Ended March 31,20252024(In thousands, except per share amounts)Numerator:Net loss available to shareholders for basic net loss per share$(14,133)$(35,631)Gain on change in fair value of warrants(8,824)— Net loss available to shareholders for diluted net loss per share(22,957)(35,631)Denominator:Weighted average number of shares outstanding used to compute basic net loss per share91,570,933 88,081,654 Impact of potential exercise of warrants3,734,005 — Weighted average number of shares outstanding used to compute diluted net loss per share95,304,938 88,081,654 Net loss per share:Basic$(0.15)$(0.40)Diluted$(0.24)$(0.40)The securities listed below were excluded from the computation of diluted net loss per share for all periods presented, as their effect would have been anti-dilutive:As of March 31, 20252024Shares subject to outstanding common stock options and employee stock purchase plan2,617,261 3,251,520 Restricted stock units10,802,694 8,052,908 2024 Notes— 1,231,597 2026 Notes4,801,593 6,879,283 Total18,221,548 19,415,308 

Note 4. Segment Information  

The Company accounts for its segment information in accordance with the provisions of ASC 280-10, Segment Reporting. ASC 280-10 establishes annual and interim reporting standards for operating segments of a company. ASC 280-10 

15

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

requires disclosures of selected segment-related financial information about products, major customers, and geographic areas based on the Company’s internal accounting methods. The chief operating decision maker (“CODM”), who is the Company’s Chief Executive Officer, evaluates performance, makes operating decisions, and allocates resources based