Company: IBTA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001538379-25-000010
Chunk: 103

Company: Ibotta, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 103
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loss) per share are the same for Class A common stock and Class B common stock.Basic and diluted net income (loss) per share is calculated as follows (in thousands, except share and per share amounts):Three months ended June 30,Six months ended June 30,2025202420252024Numerator:Net income (loss)$2,490 $(33,966)$3,045 $(24,669)Denominator:Weighted average shares of common stock outstanding, basic28,479,97725,659,46529,623,35217,484,092Plus: dilutive effect of stock options1,772,789—1,970,711—Plus: dilutive effect of RSUs172,127—213,792—Plus: dilutive effect of ESPP8,626—11,962–Weighted average common shares outstanding, diluted30,433,51925,659,46531,819,81717,484,092Net income (loss) per share, basic$0.09 $(1.32)$0.10 $(1.41)Net income (loss) per share, diluted$0.08 $(1.32)$0.10 $(1.41)The following potentially dilutive common shares, presented based on amounts outstanding, were excluded from the computation of diluted net income (loss) per share because their effect would have been antidilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:Three months ended June 30,Six months ended June 30,2025202420252024Stock options26,909 4,039,997 13,455 4,039,997 RSUs1,529,118 1,051,527 1,309,617 1,051,527 Unvested shares of restricted stock purchase— 62,743 — 62,743 Common stock warrant4,121,034 4,121,034 4,121,034 4,121,034 Total shares excluded from diluted net income (loss) per share5,677,061 9,275,301 5,444,106 9,275,301 

13. Related Parties

Retention of Wilson Sonsini Goodrich & Rosati, P.C. Larry W. Sonsini, a member of the Company’s board of directors, is a