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

Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

Earnings per Share

3 Months Ended

Jun. 30, 2024

Basic net (loss) income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income per share is computed based on the weighted average number of common shares outstanding plus the effect of potentially dilutive common shares outstanding during the period using the applicable methods. The Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is antidilutive.

The following table sets forth the computation of basic and diluted net (loss) income per share of common stock (in thousands, except per share amounts):


	Three months ended June 30,
		2024		2023
Net loss per common share		$	(25,156)	$	(8,399)
Less: net income (loss) attributable to non-controlling interest		—		(220)
Net loss attributable to Digital Turbine, Inc.		$	(25,156)	$	(8,179)
Weighted-average common shares outstanding, basic		102,396		99,877
Basic net (loss) income per common share attributable to Digital Turbine, Inc.		$	(0.25)	$	(0.08)
Weighted-average common shares outstanding, diluted		102,396		99,877
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.		$	(0.25)	$	(0.08)

Potentially dilutive outstanding securities of 9,638,950 and 4,903,410 for the three months ended June 30, 2024 and June 30, 2023, respectively, were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive.