Year Ended

December 31, 2020

December 31, 2019

Numerator:

Net loss

$

(36,675

)

$

(45,980

)

Adjustments to reconcile to net loss available to common stockholders:

Accretion of Class D preferred shares to liquidation preference on automatic conversion

10,219

—

Net loss attributable to non-controlling interests

—

(6,450

)

Net loss attributable to Clever Leaves Holdings Inc. common shareholders – basic and diluted

$

(46,894

)

$

(39,530

)

Denominator:

Weighted-average common shares outstanding – basic and diluted

10,815,580

7,814,796

Net loss per share attributable to Clever Leaves Holdings Inc. common shareholders – basic and diluted

$

(4.34

)

$

(5.06

)