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Net Loss Per Share
12 Months Ended
Jan. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 14:  Net Loss Per Share

Basic and diluted net loss per share of common stock is calculated by dividing the net loss allocable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net loss per share of common stock is the same as basic net loss per share because the effects of potentially dilutive securities are antidilutive because the Company reported net losses for all periods presented.

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

Fiscal Year Ended January 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(1,751

)

 

$

(2,441

)

 

$

(18,801

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares

 

 

23,473,849

 

 

 

22,361,312

 

 

 

21,051,039

 

Basic and diluted net loss per share

 

$

(0.07

)

 

$

(0.11

)

 

$

(0.89

)

 

Potentially dilutive securities of approximately 2.8 million, 3.3 million and 3.2 million were excluded from the computation of diluted net loss per share for fiscal 2022, 2021 and 2020, respectively. These shares include the Company’s outstanding RSUs, outstanding stock options and shares to be purchased under the ESPP at the end of the respective purchase period. In the event the Company reported net income for the periods presented, a portion of these outstanding securities would be reflected in weighted-average shares outstanding for diluted earnings per share by application of the treasury method.