Company: GDOT
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001386278-25-000076
Chunk: 158

Company: GREEN DOT CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 158
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55,400 53,722 54,966 53,373 Dilutive potential common shares:Service-based restricted stock units— — — — Performance-based restricted stock units— — — — Employee stock purchase plan— — — — Diluted weighted-average Class A shares issued and outstanding55,400 53,722 54,966 53,373 Diluted loss per Class A common share$(0.56)$(0.15)$(0.95)$(0.60)As a result of our net losses for the three and nine months ended September 30, 2025 and 2024, the dilutive impacts of certain potential common shares were excluded from our dilutive weighted-average shares since their inclusion would have been anti-dilutive.For the periods presented, we also excluded certain restricted stock units and stock options outstanding, which could potentially dilute basic EPS in the future, from the computation of diluted EPS as their effect was anti-dilutive under the treasury stock method. Additionally, we have excluded any performance-based restricted stock units where the performance contingency has not been met as of the end of the period, or whereby the result of including such awards was anti-dilutive.

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Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 13—Loss per Common Share (continued)The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation: Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024(In thousands)Class A common stockOptions to purchase Class A common stock— 1,000 — 1,005 Service-based restricted stock units31 829 314 1,020 Performance-based restricted stock units628 — 628 41 Total 659 1,829 942 2,066 

Note 14—Fair Value Measurements

Under applicable accounting guidance, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.We determine the fair values of our financial instruments based on the fair value hierarchy established under applicable accounting guidance, which requires an entity to maximize the use of observable inputs and minimize the use of un