Company: TENB
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001660280-25-000034
Chunk: 147

Company: Tenable Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 147
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2023 and 2022.

97

The change in gross unrecognized tax benefits, excluding accrued interest, were as follows: Year Ended December 31,(in thousands)202420232022Unrecognized tax benefits at the beginning of the period$8,297 $7,820 $7,575 Additions for tax positions in the current year329 417 245 Increase in prior year positions— 60 — Decrease in prior year positions(88)— — Acquisitions— — — Unrecognized tax benefits at the end of the period$8,538 $8,297 $7,820 We file income tax returns in the United States, including various state jurisdictions. Our subsidiaries file income tax returns in various foreign jurisdictions. Tax years after 2014 remain open to examination by the major taxing jurisdictions in which we are subject to tax. At December 31, 2024, we were not under examination for income tax audits by the Internal Revenue Service. We are currently under tax examination in France for tax years 2019 through 2022.Depending on the jurisdiction, distributions of earnings could be subject to withholding taxes at rates applicable to the distributing jurisdiction. As we intend to continue to reinvest the earnings of foreign subsidiaries indefinitely, we have not provided for a U.S. income tax liability and foreign withholding taxes on undistributed foreign earnings of foreign subsidiaries. It is not practicable for us to determine the amount of unrecognized tax expense on these reinvested foreign earnings.

12. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share:Year Ended December 31,(in thousands, except per share data)202420232022Net loss$(36,301)$(78,284)$(92,222)Weighted-average shares used to compute net loss per share, basic and diluted118,789 115,408 111,321 Net loss per share, basic and diluted$(0.31)$(0.68)$(0.83)The following potentially dilutive securities have been excluded from the diluted per share calculations because they would have been antidilutive:Year Ended December 31,(in thousands)202420232022RSUs7,209 7,343 6,894 Stock options4,051 5,095 5,485 Shares to be issued under the 2018 ESPP198 245 223 PSUs300 258 196 Restricted stock