Company: RPID
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001380106-25-000200
Chunk: 353

Company: RAPID MICRO BIOSYSTEMS, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 353
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 which date constitutes the enactment date under U.S. GAAP. Key corporate tax provisions of the OBBBA include the restoration of 100% bonus depreciation, the introduction of new Section 174A permitting immediate expensing of domestic research and experimental (R&E) expenditures, modifications to Section 163(j) interest expense limitations, updates to the rules governing global intangible low-taxed income (GILTI) and foreign-derived intangible income (FDII), amendments to energy credit provisions, and the expansion of Section 162(m) aggregation requirements.Under U.S. GAAP, the effects of changes in tax laws are recognized in the period in which the new law is enacted. Accordingly, the impact of the OBBBA is reflected in the Company’s financial statements for this quarter and going forward. The Company has assessed the impact of the OBBBA and, based on its analysis, determined this legislation did not have a material effect on its financial statements due to the Company’s full valuation allowance.

13. Net loss per share

As of September 30, 2025, the Company had Class A common stock and Class B common stock. Both share classes have the same rights to the Company’s earnings and neither of the classes have any prior or senior rights to dividends to the other share class.Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share amounts):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Numerator:Net loss$(11,505)$(11,323)$(34,626)$(37,223)Denominator:Weighted average Class A common shares outstanding—basic and diluted 40,456,60238,359,12739,889,91238,201,382Weighted average Class B common shares outstanding—basic and diluted 4,499,5295,309,5294,644,9145,309,529Total shares for EPS—basic and diluted 44,956,131 43,668,656 44,534,826 43,510,911 Net loss per share attributable to Class A common stockholders—basic and diluted $(0.26)$(0.26)$(0.78)$(0.86)Net loss per share attributable to Class B common stockholders—basic and diluted $(0.26)$(0.26)$(0.78)$(0.86)The Company’s potentially dilutive securities, which include stock