Loss Per Share (Tables)

9 Months Ended

Jul. 31, 2022

Loss Per Share

Calculation of Basic and Diluted Loss Per Share

The calculation of basic and diluted loss per share was as follows:

	Three Months Ended July 31,				Nine Months Ended July 31,
	2022		2021		2022		2021
Numerator
Net loss attributable to FuelCell Energy, Inc.	$	(29,414)	$	(11,997)	$	(100,255)	$	(76,874)
Series B preferred stock dividends		(800)		(800)		(2,400)		(2,400)
Net loss attributable to common stockholders	$	(30,214)	$	(12,797)	$	(102,655)	$	(79,274)
Denominator
Weighted average common shares outstanding – basic		387,465,758		337,291,562		375,638,293		323,983,465
Effect of dilutive securities (1)		—		—		—		—
Weighted average common shares outstanding – diluted		387,465,758		337,291,562		375,638,293		323,983,465
Net loss to common stockholders per share – basic	$	(0.08)	$	(0.04)	$	(0.27)	$	(0.24)
Net loss to common stockholders per share – diluted (1)	$	(0.08)	$	(0.04)	$	(0.27)	$	(0.24)

(1) Due to the net loss to common stockholders in each of the periods presented above, diluted loss per share was computed without consideration to potentially dilutive instruments as their inclusion would have been anti-dilutive. As of July 31, 2022 and 2021, potentially dilutive securities excluded from the diluted loss per share calculation are as follows:

Schedule of Potentially Dilutive Securities Excluded from the Diluted Loss Per Share Calculation

	July 31,		July 31,
	2022		2021
May 2017 Offering – Series C Warrants		-		950,102
Outstanding options to purchase common stock		20,231		22,388
Unvested Restricted Stock Units		3,573,354		2,665,764
5% Series B Cumulative Convertible Preferred Stock		37,837		37,837
Total potentially dilutive securities		3,631,422		3,676,091