Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Share (Tables)

v3.24.1.1.u2
Net Loss per Share (Tables)
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The table below presents a reconciliation of the basic and diluted net loss per share that were computed for the following periods:    
March 31,
2024 2023
Numerator:
Net loss attributable to Canoo $ (110,687) $ (90,732)
Less: dividend on redeemable preferred stock 862  — 
Less: additional deemed dividend on redeemable preferred stock —  — 
Net loss available to common shareholders $ (111,549) $ (90,732)
Denominator:
Weighted-average common shares outstanding:
Basic and diluted 50,746  18,177 
Net loss per common share:
Basic and diluted $ (2.20) $ (4.99)
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):
March 31,
2024 2023
Convertible debt (Note 9) 20,595  — 
Restricted and performance stock units 4,174  1,251 
Warrants to purchase common stock (Note 15) 27,268  — 
Early exercise of unvested stock options —  17 
Options to purchase common stock 5  5