KORE Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Summary Of Earnings per Shares, basic and diluted

Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended:


	For the three months ended
	March 31,
(in 000’ USD, except share and per share amounts)	2022			2021

Numerator:
Net loss attributable to the Company	$	(10,907	)	$	(1,081	)
Less cumulative earnings to preferred shareholder		—			(7,393	)

Net loss attributable to common stockholders		(10,907	)		(8,474	)
Denominator:
Weighted average common shares and warrants outstanding
Basic (in number)		74,040,261			31,647,131
Diluted (in number)		74,040,261			31,647,131
Net loss per unit attributable to common stockholder
Basic	$	(0.15	)	$	(0.27	)
Diluted	$	(0.15	)	$	(0.27	)

Summary Of Diluted Shares Outstanding

The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive:


	For the three months ended
(Number of shares)	March 31,
	2022		2021

Series C Convertible Preferred Stock		—		2,566,186
Stock Options		—		432,500
Common stock issued under the Backstop Agreement		9,600,031		—
Restricted stock grants with only service conditions		3,108,277		—