Basic loss per share is computed by dividing net loss attributable to nCino, Inc. by the weighted-average number of common shares outstanding for the fiscal period. Diluted loss per share is computed by giving effect to all potential weighted average dilutive common stock, including stock options issued and outstanding, nonvested RSUs issued and outstanding, and shares issuable pursuant to the ESPP. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method. Diluted loss per share for the three and six months ended July 31, 2023 and 2024 is the same as the basic loss per share as there was a net loss for those periods, and inclusion of potentially issuable shares was anti-dilutive.


	Three Months Ended July 31,				Six Months Ended July 31,
	2023		2024		2023		2024
Basic and diluted loss per share:
Numerator
Net loss attributable to nCino, Inc.	$	(15,884)	$	(11,040)	$	(27,127)	$	(14,016)
Denominator
Weighted-average common shares outstanding	112,396,716		115,180,130		112,262,527		114,694,001
Basic and diluted loss per share attributable to nCino, Inc.	$	(0.14)	$	(0.10)	$	(0.24)	$	(0.12)

The following potential outstanding common stock were excluded from the diluted loss per share computation because the effect would have been anti-dilutive:


	Six Months Ended July 31,
	2023	2024
Stock options issued and outstanding	1,664,830	998,618
Nonvested RSUs issued and outstanding	5,784,062	6,362,337
Shares issuable pursuant to the ESPP	16,994	81,048