CS Disco, Inc. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||
| 2025 | 2024 | ||||||||||
| Net loss applicable to common stockholders basic and diluted | $ | (44,372) | $ | (55,774) | |||||||
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 61,721 | 60,212 | |||||||||
| Net loss per share attributable to common stockholders, basic and diluted | $ | (0.72) | $ | (0.93) | |||||||
As of December 31, | |||||||||||
| 2025 | 2024 | ||||||||||
| Stock options | 176 | 287 | |||||||||
| Unvested restricted stock awards | — | 50 | |||||||||
| Unvested restricted stock units, including performance-based restricted stock units | 6,689 | 5,095 | |||||||||
| Total | 6,865 | 5,432 | |||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 20, 2025 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.