Company: AMWL
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000950170-25-019024
Chunk: 50

Company: American Well Corp
Filing Date: 2025-02-12
Form: 10-K
Item: Item 16
Chunk 50
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 the Company held short and long term deferred revenue of $55 and $1,243 from contracts with this client. As of December 31, 2024 and 2023 amounts due from CCAW, JV LLC were $400 and $1,602, respectively. During the year ended December 31, 2024, 2023 and 2022, the Company recognized revenue of $1,599, $1,576 and $1,741 from contracts with this client. 

17. Employee Benefit Plan The Company has established a defined contribution savings plan under Section 401(k) of the Internal Revenue Code. This plan covers substantially all employees who meet minimum age and service requirements and allows participants to defer a portion of their annual compensation on a pretax basis, subject to legal limitations. Company contributions to the plan may be made at the discretion of the Company’s board of directors. The Company contributed a total of $3,418, $3,639 and $3,363 to the plan for the years ended December 31, 2024, 2023 and 2022, respectively.

18. Net Loss per Share Basic and diluted net loss per share attributable to common stockholders was calculated as follows:  

        Years Ended December 31,

        2024

        2023

        2022

        Numerator:

        Net loss
         
        $
        (212,638
        )
         
        $
        (679,171
        )
         
        $
        (272,072
        )

        Net loss attributable to non-controlling interest

        (4,495
        )

        (4,007
        )

        (1,643
        )

        Net loss attributable to American Well Corporation
         
        $
        (208,143
        )
         
        $
        (675,164
        )
         
        $
        (270,429
        )

        Denominator:

        Weighted-average common shares outstanding, basic and diluted

        14,999,590

        14,212,505

        13,712,290

        Net loss per share attributable to common stockholders,   basic and diluted
         
        $
        (13.88
        )
         
        $
        (47.50
        )
         
        $
        (19.72
        )
       
      The Company’s potential dilutive securities, which include stock options, convertible preferred stock and unvested