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

9 Months Ended

Dec. 31, 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 December 31,				Nine months ended December 31,
	2024		2023		2024		2023
Net loss per common share	$	(23,131)	$	(14,061)	$	(73,273)	$	(183,942)
Less: net loss attributable to non-controlling interest	—		—		—		(220)
Net loss attributable to Digital Turbine, Inc.	$	(23,131)	$	(14,061)	$	(73,273)	$	(183,722)
Weighted-average common shares outstanding, basic	104,148		101,376		103,201		100,643
Basic net (loss) income per common share attributable to Digital Turbine, Inc.	$	(0.22)	$	(0.14)	$	(0.71)	$	(1.83)
Weighted-average common shares outstanding, diluted	104,148		101,376		103,201		100,643
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.	$	(0.22)	$	(0.14)	$	(0.71)	$	(1.83)

Potentially dilutive outstanding securities of 8,340,265 and 8,309,117 for the three and nine months ended December 31, 2024, respectively, and 2,082,662 and 3,157,800 for the three and nine months ended December 31, 2023, respectively, were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive.