v3.24.3
Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

The following table summarizes the calculation of basic and diluted net loss per share (in thousands, except per share amounts):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(51,586

)

 

$

(2,886

)

 

$

(86,122

)

 

$

(8,613

)

Less: Net income attributable to noncontrolling interest

 

 

122

 

 

 

193

 

 

 

1,345

 

 

 

958

 

Net loss attributable to Corsair Gaming, Inc.

 

 

(51,708

)

 

 

(3,079

)

 

 

(87,467

)

 

 

(9,571

)

Change in redemption value of redeemable noncontrolling interest

 

 

(6,684

)

 

 

—

 

 

 

(13,044

)

 

 

6,535

 

Net loss attributable to common stockholders of Corsair Gaming, Inc.

 

$

(58,392

)

 

$

(3,079

)

 

$

(100,511

)

 

$

(3,036

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

104,397

 

 

 

102,863

 

 

 

103,974

 

 

 

102,288

 

Effect of dilutive securities

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total diluted weighted-average shares outstanding

 

 

104,397

 

 

 

102,863

 

 

 

103,974

 

 

 

102,288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share attributable to common stockholders of Corsair Gaming, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.56

)

 

$

(0.03

)

 

$

(0.97

)

 

$

(0.03

)

Diluted

 

$

(0.56

)

 

$

(0.03

)

 

$

(0.97

)

 

$

(0.03

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive potential common shares (1)

 

 

13,949

 

 

 

12,290

 

 

 

13,553

 

 

 

12,290

 

 

(1)
Potential common share equivalents were not included in the calculation of diluted net loss per share as the effect would have been anti-dilutive.