v3.24.0.1
Loss Per Share
3 Months Ended
Jan. 31, 2024
Loss Per Share  
Loss Per Share

Note 13. Loss Per Share

The calculation of basic and diluted loss per share was as follows (in thousands, except share and per share amounts):

​

​

​

​

​

​

​

​

Three Months Ended January 31,

​

​

2024

​

2023

    

Numerator

​

​

​

​

​

​

Net loss attributable to FuelCell Energy, Inc.

$

(19,793)

​

$

(18,622)

​

Series B preferred stock dividends

​

(800)

​

​

(800)

​

Net loss attributable to common stockholders

$

(20,593)

​

$

(19,422)

​

Denominator

​

​

​

​

​

​

Weighted average common shares outstanding – basic

​

451,637,041

​

​

405,803,753

​

Effect of dilutive securities (1)

​

-

​

​

-

​

Weighted average common shares outstanding – diluted

​

451,637,041

​

​

405,803,753

​

Net loss to common stockholders per share – basic

$

(0.05)

​

$

(0.05)

​

Net loss to common stockholders per share – diluted (1)

$

(0.05)

​

$

(0.05)

​

(1)Due to the net loss to common stockholders in each of the periods presented above, diluted loss per share was computed without consideration to potentially dilutive instruments as their inclusion would have been anti-dilutive. As of January 31, 2024 and 2023, potentially dilutive securities excluded from the diluted loss per share calculation are as follows:

​

​

​

​

​

​

​

​

​

​

​

January 31,

​

January 31,

​

​

    

2023

    

2022

​

Outstanding options to purchase common stock

​

​

18,291

​

​

20,231

​

Unvested Restricted Stock Units

​

​

9,397,055

​

​

7,102,089

​

5% Series B Cumulative Convertible Perpetual Preferred Stock

​

​

37,837

​

​

37,837

​

Total potentially dilutive securities

​

​

9,453,183

​

​

7,160,157

​

​