ON24 INC. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
Net loss | $ | (28,853) | $ | (42,156) | $ | (51,786) | |||||||||||
Net loss per share of common stock, basic and diluted | $ | (0.68) | $ | (1.01) | $ | (1.16) | |||||||||||
Weighted-average common stock outstanding, basic and diluted | 42,448,269 | 41,759,879 | 44,644,792 | ||||||||||||||
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Stock options | 4,260,587 | 5,547,559 | 6,974,082 | ||||||||||||||
| Restricted stock units | 4,066,970 | 5,051,759 | 5,952,386 | ||||||||||||||
Performance stock units | 1,207,122 | 1,219,062 | 630,775 | ||||||||||||||
| ESPP purchase rights | 54,570 | 61,526 | 77,134 | ||||||||||||||
| Total antidilutive securities | 9,589,249 | 11,879,906 | 13,634,377 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 12, 2026 | Showing above |
| 2024 | Mar 13, 2025 | |
| 2023 | Mar 14, 2024 | |
| 2022 | Mar 15, 2023 | |
| 2021 | Mar 14, 2022 | |
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.