Company: LPSN
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001102993-25-000053
Chunk: 24

Company: LIVEPERSON INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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MENTS(UNAUDITED)

Note 3. Net Loss Per Share 

Basic loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potentially dilutive common stock equivalents outstanding for the period. For purposes of this calculation, stock options, restricted stock units, 0.750% Convertible Senior Notes due 2024 (the “2024 Notes”), and 0% Convertible Senior Notes due 2026 (the “2026 Notes”) are considered to be common stock equivalents but are excluded from the calculation of diluted net loss per share when including them has an anti-dilutive effect. The Company uses the treasury stock method for stock options, restricted stock units, and share-settled warrants, and uses the if-converted method for convertible debt. As the average market price of the Company’s common stock is below the conversion price of the Company’s 2026 Notes, the impact of conversion is anti-dilutive. See Note 8 – Convertible Senior Notes, Capped Call Transactions and Warrants for additional information about the 2026 Notes and First Lien Convertible Senior Notes due 2029 (the “2029 Notes” and together with the 2024 Notes and the 2026 Notes, the “Notes”).The following table presents shares used in calculating basic and diluted net loss per share for the three months ended March 31, 2025 and 2024, as follows:Three Months Ended March 31,20252024(In thousands, except per share amounts)Numerator:Net loss available to shareholders for basic net loss per share$(14,133)$(35,631)Gain on change in fair value of warrants(8,824)— Net loss available to shareholders for diluted net loss per share(22,957)(35,631)Denominator:Weighted average number of shares outstanding used to compute basic net loss per share91,570,933 88,081,654 Impact of potential exercise of warrants3,734,005 — Weighted average number of shares outstanding used to compute diluted net loss per share95,304,938 88,081,654 Net loss per share:Basic$(0.15)$(0.40)Diluted$(0.24)$(0.40)The securities listed below were excluded from the computation of diluted net loss per share for all periods presented, as their effect