Company: INSP
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001609550-25-000020
Chunk: 82

Company: Inspire Medical Systems, Inc.
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 82
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 the period. Diluted net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common stock and dilutive potential shares of common stock outstanding during the period. For the periods presented with a net loss, diluted net loss per share is the same as basic net loss per share as all of the following potentially dilutive shares were antidilutive in those periods.The components of net income (loss) per share are as follows:Three Months EndedMarch 31,20252024Numerator:Net income (loss)$2,992 $(10,005)Denominator:Weighted average number of common shares outstanding - basic29,702,358 29,615,166 Dilutive effect of stock options441,165 — Dilutive effect of restricted stock units157,476 — Dilutive effect of shares issuable under the ESPP10,477 — Weighted average number of common shares outstanding - diluted30,311,476 29,615,166 Net income (loss) per share:Basic$0.10 $(0.34)Diluted$0.10 $(0.34)

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Table of ContentsINSPIRE MEDICAL SYSTEMS, INC. NOTES TO CONDENSED FINANCIAL STATEMENTS (Unaudited) (Table amounts in thousands, except share and per share amounts)

The following common stock-based awards were excluded from the computation of diluted net income (loss) per common share for the periods presented because including them would have been antidilutive:March 31,20252024Stock options1,450,239 2,501,573 Restricted stock units301,153 554,614 Shares issuable under the ESPP— 5,872 Total1,751,392 3,062,059 

10. Related Party Transaction

In December 2023, we entered into an agreement with an entity controlled by our Chief Executive Officer (the "Entity"), pursuant to which we agreed to share the costs of a corporate suite at a sports and entertainment venue (the "Venue") (the “Suite”) (the “Cost Sharing Agreement”). In August 2023, the Entity entered into an agreement with the Venue, pursuant to which the Entity acquired certain rights to use the Suite for specified sporting and other events at the Venue through August 2026. Pursuant to this agreement, the Entity agreed to pay $