Evolv Technologies Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Net Loss per Share (Tables)

Net Loss per Share (Tables)

3 Months Ended

6 Months Ended

11 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Schedule of basic and diluted net loss per share attributable to common stockholders



			For the Period				For the Period
			From January				From January
	Three months		24, 2020 (date		Six months		24, 2020 (date
	Ended		of inception) to		Ended		of inception) to
	June 30,		June 30,		June 30,		June 30,
	2021		2020		2021		2020

Net income available to Class A common stockholders:
Interest income	$	9,000	$	—	$	29,000	$	—
Less: Income and franchise taxes		(9,000)		—		(29,000)		—
Net income attributable to Class A common stockholders	$	—	$	—	$	—	$	—


Net income available to Class B common stockholders:
Net loss	$	(7,626,000)	$	(2,000)	$	(11,708,000)	$	(2,000)
Less: amount attributable to Class A common stockholders		—		—		—		—
Net (loss) attributable to Class B common stockholders	$	(7,626,000)	$	(2,000)	$	(11,708,000)	$	(2,000)


			For the
			Period From
			January 24,
	Three months		2020 (date of
	Ended		inception) to
	September 30,		September 30,
	2020		2020
	(As Restated)		(As Restated)
Net income available to Class A common stockholders:
Interest income	$	26,000	$	26,000
Less: Income and franchise taxes		(26,000)		(26,000)
Net income attributable to Class A common stockholders	$	—	$	—

Net income available to Class B common stockholders:
Net loss	$	(119,000)	$	(121,000)
Add: Change in warrant liability		1,480,000		1,480,000
Less: Costs of warrant issuance		—		(390,000)
Less: amount attributable to Class A common stockholders		—		—
Net (loss) attributable to Class B common stockholders	$	1,361,000	$	969,000

Evolv Technologies Holdings, Inc.

Schedule of basic and diluted net loss per share attributable to common stockholders


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
Numerator:
Net loss attributable to common stockholders – basic and diluted	$	(22,371)	$	(5,104)	$	(36,126)	$	(11,534)

Denominator:
Weighted average common shares outstanding–basic and diluted		31,540,397		23,568,291		29,593,131		23,491,518
Net loss per share attributable common stockholders–basic and diluted	$	(0.71)	$	(0.22)	$	(1.22)	$	(0.49)

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):


	Year Ended December 31,
	2020		2019
Numerator:
Net loss attributable to common stockholders – basic and diluted	$	(27,392)	$	(19,857)

Denominator:
Weighted average common shares outstanding – basic and diluted		23,625,483		22,655,763
Net loss per share attributable common stockholders – basic and diluted	$	(1.16)	$	(0.88)

Schedule of potential common shares excluded from the computation of diluted net loss per share


	Six Months Ended
	June 30,
	2021		2020
Options to purchase common stock	57,173,375		28,348,557
Warrants to purchase common stock	2,789,589		1,440,991
Convertible preferred stock (as converted to common stock)	213,951,905		213,951,905
Warrants to purchase preferred stock (as converted to warrants to purchase common stock)	2,686,246		2,686,246
Unvested restricted stock units	765,000		—
Convertible notes (as converted to common stock)	10,028,000	*	—
	287,394,115		246,427,699

*Conversion feature is only triggered upon the closing of a Qualified Financing Event


	Year Ended December 31,
	2020	2019
Options to purchase common stock	49,679,554	29,488,684
Warrants to purchase common stock	2,440,991	700,000
Convertible preferred stock (as converted to common stock)	213,951,905	205,465,730
Warrants to purchase preferred stock (as converted to warrants to purchase common stock)	2,686,246	2,686,246
Convertible notes (as converted to common stock)	16,289,000	—
	285,047,696	238,340,660