Company: EVCM
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001853145-25-000009
Chunk: 170

Company: EverCommerce Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 170
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 $1.3 million and $1.5 million related to the ESPP was recognized in the statements of operations and comprehensive loss for the years ended December 31, 2024, 2023 and 2022, respectively.Stock-based Compensation ExpenseStock-based compensation expense was classified in the accompanying consolidated statements of operations and comprehensive loss as follows:Year Ended December 31,202420232022(in thousands)Cost of revenues$461 $464 $373 Sales and marketing1,184 1,672 1,503 Product development2,055 2,273 1,854 General and administrative22,791 21,150 23,088 Total stock-based compensation expense$26,491 $25,559 $26,818 

Note 13. Net Loss Per Share Attributable to Common StockholdersThe following table presents the calculation of basic and diluted net loss per share for the Company’s common stock as of:Year Ended December 31,202420232022(in thousands except per share amounts)Numerator:Net loss attributable to common stockholders$(41,089)$(45,620)$(59,816)Denominator:Weighted-average shares of common stock outstanding, basic and diluted184,898 188,939 194,625 Basic and diluted net loss per share attributable to common stockholders$(0.22)$(0.24)$(0.31)The following outstanding potentially dilutive common stock equivalents have been excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented due to their anti-dilutive effect:December 31,202420232022Outstanding stock options and unvested RSUs18,390 16,674 18,959 Shares of common stock pursuant to ESPP196 278 341 Total anti-dilutive outstanding potential common stock18,586 16,952 19,300 

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   EverCommerce Inc.Notes to Consolidated Financial Statements

Note 14. Fair Value of Financial InstrumentsFair value estimates of financial instruments are made at a specific point in time, based on relevant information about financial markets and specific financial instruments. As these estimates are subjective in nature, involving uncertainties and matters of significant judgment, they cannot be determined with precision. Changes in assumptions can significantly affect estimated fair value.The Company measures fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in