Annual report pursuant to Section 13 and 15(d)

Net Loss per Share (Tables)

v3.24.1
Net Loss per Share (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of the Basic and Diluted Net Loss Per Share
The table below presents a reconciliation of the basic and diluted net loss per share that were computed for the following periods:    
Year ended
December 31,
2023 2022
Numerator:
Net loss attributable to Canoo $ (302,021) $ (487,694)
Less: dividend on redeemable preferred stock 459  — 
Less: additional deemed dividend on redeemable preferred stock 141  — 
Net loss available to common shareholders $ (302,621) $ (487,694)
Denominator:
Weighted-average common shares outstanding:
Basic and diluted 576,199  269,768 
Net loss per common share:
Basic and diluted $ (0.53) $ (1.81)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the outstanding potentially dilutive shares that have been excluded from the computation of diluted net loss per share, because including them would have an anti-dilutive effect (in thousands):
December 31,
2023 2022
Convertible debt (Note 9) 217,935  46,988 
Restricted and performance stock units 38,386  31,412 
Warrants to purchase Common Stock (Note 16) 264,496  29,605 
Restricted Common Stock shares —  2,842 
Early exercise of unvested stock options —  593 
Options to purchase Common Stock 88  195