CareCloud, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

Net Loss Per Common Share

6 Months Ended

Jun. 30, 2020

5. NET LOSS PER COMMON SHARE

The following table reconciles the weighted-average shares outstanding for basic and diluted net loss per share for the three and six months ended June 30, 2020 and 2019:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
Basic and Diluted:
Net loss attributable to common shareholders	$	(8,069,422	)	$	(2,257,678	)	$	(13,214,109	)	$	(4,046,069	)
Weighted-average common shares used to compute basic and diluted loss per share		12,395,197			12,022,143			12,353,007			11,984,284
Net loss attributable to common shareholders per share - Basic and Diluted	$	(0.65	)	$	(0.19	)	$	(1.07	)	$	(0.34	)

All unvested restricted stock units (“RSUs”), the 200,000 warrants granted to Opus Bank (“Opus”), the 153,489 warrants granted to Silicon Valley Bank (“SVB”), the 2,000,000 warrants granted in connection with the CareCloud acquisition and the 2,250,000 warrants granted in connection with the Meridian acquisition have been excluded from the above calculations as they were anti-dilutive. Vested RSUs and vested restricted shares have been included in the above calculations.