Quantum-Si Inc Earnings Per Share Disclosure
| 2024 | 2023 | 2022 | |||||||||||||||
| Numerator | |||||||||||||||||
| Net loss | $ | (101,007) | $ | (95,960) | $ | (132,442) | |||||||||||
| Numerator for basic and diluted EPS - loss attributable to common stockholders | $ | (101,007) | $ | (95,960) | $ | (132,442) | |||||||||||
| Denominator | |||||||||||||||||
| Common stock | 143,196 | 141,300 | 139,255 | ||||||||||||||
| Denominator for basic and diluted EPS - weighted-average common stock | 143,196 | 141,300 | 139,255 | ||||||||||||||
| Basic and diluted net loss per share | $ | (0.71) | $ | (0.68) | $ | (0.95) | |||||||||||
| 2024 | 2023 | 2022 | |||||||||||||||
| Outstanding options to purchase common stock | 20,803,142 | 22,511,900 | 19,427,755 | ||||||||||||||
| Outstanding restricted stock units | 7,179,009 | 847,169 | 2,018,449 | ||||||||||||||
| Outstanding warrants | 3,968,319 | 3,968,319 | 3,968,319 | ||||||||||||||
| 31,950,470 | 27,327,388 | 25,414,523 | |||||||||||||||
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.