Company: NCNO
Filing Date: 2025-12-03
Form Type: 10-Q
Source: 0001902733-25-000131
Chunk: 73

Company: nCino, Inc.
Filing Date: 2025-12-03
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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.During the first quarter of fiscal year 2026, we sold all our shares in Zest AI and recorded a realized gain of $1.2 million. At the time of this transaction, Zest AI was no longer considered a related party.

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Table of ContentsnCino, Inc.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(In thousands, except share and per share amounts and unless otherwise indicated)

Note 13. Basic and Diluted Net Income (Loss) per Share

Basic net income (loss) per share is computed by dividing net income (loss) attributable to nCino, Inc. by the weighted-average number of common shares outstanding for the fiscal period, net of treasury stock. Diluted net income (loss) per share is computed by giving effect to all potential weighted average dilutive common stock, including stock options issued and outstanding, non-vested 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. There is no difference between the basic and diluted loss per share when there is a net loss because inclusion of potentially issuable shares would be anti-dilutive.The components of basic and diluted net income (loss) per share for periods presented are as follows (in thousands, except share and per share data):Three Months Ended October 31,Nine Months Ended October 31,2024202520242025Basic net income (loss) per share:NumeratorNet income (loss) attributable to nCino, Inc.$(5,252)$6,539 $(19,268)$(3,156)DenominatorWeighted-average common shares outstanding115,611,833 114,407,430 114,970,622 113,594,540 Basic net income (loss) per share attributable to nCino, Inc.$(0.05)$0.06 $(0.17)$(0.03)Three Months Ended October 31,Nine Months Ended October 31,2024202520242025Diluted net income (loss) per share:NumeratorNet income (loss) attributable to nCino, Inc.$(5,252)$6,539 $(19,268)$(3,156)DenominatorWeighted-average common shares outstanding, basic115,611,833 114,407,430 114,970,622 113,594,