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

9 Months Ended

Sep. 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 nine months ended September 30, 2020 and 2019:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2020			2019			2020			2019
Basic and Diluted:
Net loss attributable to common shareholders	$	(5,903,398	)	$	(1,740,377	)	$	(19,117,511	)	$	(5,786,446	)
Weighted-average common shares used to compute basic and diluted loss per share		12,771,307			12,146,110			12,493,458			12,038,819
Net loss attributable to common shareholders per share - Basic and Diluted	$	(0.46	)	$	(0.14	)	$	(1.53	)	$	(0.48	)

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 1,850,651 outstanding 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.