| Summary of Weighted Average Shares for Basic and Diluted Net Loss Per Common Share |
The calculation of weighted average shares for basic and diluted net loss per common share is as follows (in thousands, except per share data):
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For the Three Months Ended June 30, |
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For the Six Months Ended June 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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Net Loss from Continuing Operations of ZimVie Inc. |
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$ |
(3,849 |
) |
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$ |
(9,553 |
) |
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$ |
(6,474 |
) |
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$ |
(21,114 |
) |
(Loss) income from discontinued operations, net of tax |
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(99 |
) |
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5,539 |
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1,055 |
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9,339 |
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Net Loss of ZimVie Inc. |
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$ |
(3,947 |
) |
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$ |
(4,014 |
) |
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$ |
(5,418 |
) |
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$ |
(11,775 |
) |
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Weighted average shares outstanding for basic net loss per common share |
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28,026 |
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27,405 |
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27,883 |
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27,265 |
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Effect of dilutive stock options and other equity awards (1) |
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— |
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— |
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— |
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— |
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Weighted average shares outstanding for diluted net loss per common share |
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28,026 |
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27,405 |
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27,883 |
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27,265 |
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Basic (Loss) Earnings Per Common Share: |
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Continuing operations |
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$ |
(0.14 |
) |
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$ |
(0.35 |
) |
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$ |
(0.23 |
) |
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$ |
(0.77 |
) |
Discontinued operations |
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- |
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0.20 |
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0.04 |
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0.34 |
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Net Loss |
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$ |
(0.14 |
) |
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$ |
(0.15 |
) |
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$ |
(0.19 |
) |
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$ |
(0.43 |
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Diluted (Loss) Earnings Per Common Share: |
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Continuing operations |
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$ |
(0.14 |
) |
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$ |
(0.35 |
) |
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$ |
(0.23 |
) |
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$ |
(0.77 |
) |
Discontinued operations |
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- |
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0.20 |
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0.04 |
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0.34 |
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Net Loss |
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$ |
(0.14 |
) |
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$ |
(0.15 |
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$ |
(0.19 |
) |
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$ |
(0.43 |
) |
(1) Since we incurred a net loss from continuing operations in each of the three and six months ended June 30, 2025 and 2024, no dilutive stock options or other equity awards were included as diluted shares in those periods.
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