Company: NCNO
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001902733-25-000106
Chunk: 145

Company: nCino, Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Part I, Item 8
Chunk 145
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Basic loss per share is computed by dividing net loss attributable to nCino, Inc. by the weighted-average number of common shares outstanding for the fiscal period, net of treasury stock. Diluted loss per share is computed by giving effect to all potential weighted average dilutive common stock, including stock options issued and outstanding, nonvested RSUs issued and outstanding, and shares issuable pursuant to the ESPP. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method. Diluted loss per share for the three and six months ended July 31, 2024 and 2025 is the same as the basic loss per share as there was a net loss for those periods, and inclusion of potentially issuable shares was anti-dilutive.The components of basic and diluted loss per share for periods presented are as follows (in thousands, except share and per share data):Three Months Ended July 31,Six Months Ended July 31,2024202520242025Basic and diluted loss per share:NumeratorNet loss attributable to nCino, Inc.$(11,040)$(15,257)$(14,016)$(9,695)DenominatorWeighted-average common shares outstanding115,180,130 115,256,497 114,694,001 114,657,339 Basic and diluted loss per share attributable to nCino, Inc.$(0.10)$(0.13)$(0.12)$(0.08)The following potential outstanding common stock were excluded from the diluted loss per share computation because the effect would have been anti-dilutive:Six Months Ended July 31,20242025Stock options issued and outstanding998,618 562,629 Nonvested RSUs issued and outstanding6,362,337 6,951,460 Shares issuable pursuant to the ESPP81,048 89,919 

Note 14. Segment Information

The Company's chief operating decision maker ("CODM") is the Company's Chief Executive Officer, who reviews financial information on a consolidated basis. The Company brings together people and data to enable financial institutions to enhance strategic decision-making, risk management, and customer satisfaction through the selection of intelligent solutions provided by the nCino Platform as a SaaS company. As such, the Company has one operating and reportable segment. The CODM uses consolidated net loss in deciding how to make operating decisions, allocate resources, and assess performance. 

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