Net Loss (Income) Per Share of Class A Common Stock

9 Months Ended

Sep. 30, 2025

Net Loss (Income) Per Share of Class A Common Stock

13. Net Loss Per Share of Class A Common Stock

The following table includes the calculation of basic and diluted net loss per share:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(in thousands except per share information)
Net loss available to common stockholders - basic and diluted	$	(15,340)	$	(12,591)	$	(69,392)	$	(37,798)

Basic and diluted net loss per share	$	(0.44)	$	(0.66)	$	(2.11)	$	(2.05)

Shares used in the computation of basic and diluted net loss per share	35,194		19,120		32,843		18,394

The potentially dilutive securities listed below were not included in the calculation of diluted weighted average common shares outstanding, as their effect would have been anti-dilutive during the three and nine months ended September 30, 2025 and 2024.


	Three and Nine Months Ended September 30,
		2025	2024
		(in thousands)

Convertible Notes		6,539	—
Class A common stock warrants		221	221
Stock options		1,853	880
Restricted stock units		2,808	2,558
Public Warrants (exercisable for Class A common stock) treated as liability		1,977	1,977
Private Placement Warrants (exercisable for Class A common stock) treated as liability		2,480	3,091
Sponsor Shares		296	296

BlackSky Technology Inc. 10-Q