Ouster, Inc. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||
| 2024 | 2023 | ||||||||||
| Numerator: | |||||||||||
Net loss | $ | (97,045) | $ | (374,110) | |||||||
| Denominator: | |||||||||||
Weighted average shares used to compute basic and diluted net loss per share | 46,584,479 | 37,042,081 | |||||||||
| Net loss per common share-basic and diluted | $ | (2.08) | $ | (10.10) | |||||||
| December 31, | |||||||||||
| 2024 | 2023 | ||||||||||
| Options to purchase common stock | 1,755,024 | 1,871,649 | |||||||||
| Public and private common stock warrants | 5,235,409 | 5,232,035 | |||||||||
| Restricted Stock Units | 3,464,764 | 3,074,939 | |||||||||
| Unvested early exercised common stock options | — | 16,087 | |||||||||
| Share purchase rights under the ESPP | 569,048 | 2,068,574 | |||||||||
| Unvested RSAs | 456,698 | 376,919 | |||||||||
| Total | 11,480,943 | 12,640,203 | |||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | Mar 21, 2025 | Showing above |
| 2022 | Mar 24, 2023 | |
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.