Company: SATLW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001628280-25-025087
Chunk: 76

Company: Satellogic Inc.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 1
Chunk 76
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 conversion to common shares would decrease loss per share from continuing operations. 

24

Table of ContentsSATELLOGIC INC. Notes to Condensed Consolidated Financial Statements (in thousands of U.S. dollars, except share and per share information, unless otherwise stated) 

Basic and diluted net loss per share attributable to common stockholders is calculated as follows:Three Months Ended March 31,20252024Net loss attributable to holders of Common Stock$(32,581)$(15,178)Basic weighted-average shares of Common Stock outstanding96,655,34990,331,496Basic net loss per share for the period attributable to holders of Common Stock$(0.34)$(0.17)Effect of dilutive securities:Dilutive numerator$(32,581)$(15,178)Diluted weighted-average Common Stock outstanding96,655,34990,331,496Diluted net loss per share for the period attributable to holders of Common Stock$(0.34)$(0.17)Additionally, the following securities were not included in the computation of diluted shares outstanding because the effect would have been anti-dilutive:Three Months Ended March 31,20252024Warrants49,184,815 49,184,915 Sponsor earnout shares1,775,962 1,775,962 Stock options2,272,330 4,887,876 Restricted stock units2,554,282 2,878,557 Shares convertible from Secured Convertible Notes25,000,000 — Total80,787,389 58,727,310 

13. Fair Value Measurements and Financial Instruments

The following tables provide the fair value measurement hierarchy of our assets and liabilities:As of March 31, 2025Fair value measurement usingFinancial instrumentsQuoted prices in active markets (Level 1)Significant observable inputs (Level 2)Significant unobservable inputs (Level 3)AssetsOS Warrants$— $— $1,053 Liabilities$8.63 Warrants liability$3,719 $— $— PIPE Warrant liability— — 602 Liberty Warrants and Liberty Advisory Fee Warrant liability— — 10,581 Total Warrant Liabilities$3,719 $— $11,183 Sponsor Earnout liability$— $— $1,992 Secured Convertible Notes$— $— $96,