Company: LPSN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001102993-25-000187
Chunk: 116

Company: LIVEPERSON INC
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 116
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 each class of shares. Diluted EPS is computed in the same manner as basic EPS except that the numerator is decreased to reverse the gain on troubled debt restructuring associated with the exchange transaction of the 2026 Notes and the denominator is increased to include the number of the shares issuable upon the conversion of the 2026 Notes. For the diluted EPS calculation, the if-converted method assuming Series B Preferred Stock is converted into common shares is applied and compared to the two-class method and whichever method results in a more dilutive impact is utilized to calculate the diluted EPS. Dilutive common stock equivalents include the dilutive effect of in-the-money stock equivalents, excluding any common stock equivalents if their effect would be anti-dilutive. The following table summarizes net income (loss) attributable to common stockholders and participating securities used in the calculation of basic and diluted net income (loss) per common share for the three and nine months ended September 30, 2025 and 2024, as follows:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In thousands, except share and per share amounts)Numerator:Net income (loss) available to shareholders for basic net income (loss) per share$8,711 $(28,309)$(21,132)$(22,145)Less: Undeclared cumulative dividends to preferred stockholders(207)— (207)— Less: Undistributed income allocated to participating securities(1,511)— — — Net income (loss) attributable to common shareholders6,993 (28,309)(21,339)(22,145)Gain on troubled debt restructuring(27,472)— (27,472)— Net loss available to shareholders for diluted net loss per share$(20,479)$(28,309)$(48,811)$(22,145)Denominator:Weighted average number of shares outstanding used to compute basic net loss per share7,165,708 5,967,674 6,519,546 5,918,245 2026 Notes257,681 — 299,298 — Weighted average number of shares outstanding used to compute diluted net loss per share7,423,389 5,967,674 6,818,844 5,918,245 Net income (loss) per share:Basic$0.98 $(4.74)$(3.27)$(3.74)Diluted$(