Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders for the periods presented (in thousands, except for share and per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Numerator:
Net loss attributable to Forge Global Holdings, Inc., basic	$	(18,348)	$	(16,198)	$	(64,425)	$	(85,741)
Decrease in fair value of public warrants	—		(3,937)		—		(3,897)
Net loss attributable to common stockholders, diluted	$	(18,348)	$	(20,135)	$	(64,425)	$	(89,638)
Denominator:
Weighted-average number of shares used to compute net loss per share attributable to common stockholders, basic	173,957,880		169,838,778		173,045,721		134,683,950

Weighted-average number of shares used to compute net loss per share attributable to common stockholders, diluted	173,957,880		170,209,256		173,045,721		135,960,612
Net loss per share attributed to common stockholders:
Basic	$	(0.11)	$	(0.10)	$	(0.37)	$	(0.64)
Diluted	$	(0.11)	$	(0.12)	$	(0.37)	$	(0.66)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive shares were excluded in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:


	September 30, 2023	December 31, 2022
Outstanding options	8,401,764	12,853,072
Common stock and preferred stock warrants	3,282,652	3,282,652
Private Placement Warrants issued upon Merger	7,386,667	7,386,667
Common stock subject to repurchase	505,104	1,064,323
Restricted stock units	18,777,909	10,884,476
Total	38,354,096	35,471,190