Loss per Share

12 Months Ended

Dec. 31, 2021

Loss per Share

Note 18. Loss per Share

The following table presents the information used in the calculation of our basic and diluted earnings (loss) per share attributable to Hyzon common stockholders (in thousands, except per share data):

	Year Ended December 31,			For the period January 21, 2020 (Inception) – December 31,
	2021			2020
Net loss attributable to Hyzon	$	(13,846	)	$	(14,271	)
Weighted average shares outstanding:
Basic		203,897			152,650
Effect of dilutive securities		—			—
Diluted		203,897			152,650
Net loss per share attributable to Hyzon:
Basic	$	(0.07	)	$	(0.09	)
Diluted	$	(0.07	)	$	(0.09	)

The weighted average number of shares outstanding prior to Business Combination were converted at the Exchange Ratio.

Potentially dilutive shares are excluded from the computation of diluted net loss when their effect was antidilutive. The following outstanding common stock equivalents (in thousands) were excluded from the computation of diluted net loss per share for the periods presented because including them would have been anti-dilutive.

	Year Ended December 31,		For the Period January 21, 2020 (Inception) – December 31,
	2021		2020
Restricted stock units		1,853		—
Stock options with service conditions		12,296		14,288
Stock options for former CTO		1,477		—
Stock options with market and performance conditions		5,538		5,538
Private placement warrants		8,015		—
Public warrants		11,286		—
Earnout shares		23,250		—
Hongyun warrants		31		—
Ardour warrants		293		—