Basic and diluted net loss per share attributable to common stockholders was calculated as follows:


	Three Months Ended March 31,
	2026			2025
Numerator:
Net loss	$	(10,301	)	$	(18,356	)
Net income attributable to non-controlling interest		585			348
Net loss attributable to American Well Corporation	$	(10,886	)	$	(18,704	)
Denominator:
Weighted-average common shares outstanding—basic and diluted		16,589,671			15,672,373
Net loss per share attributable to common stockholders—basic and diluted	$	(0.66	)	$	(1.19	)

The Company’s potential dilutive securities, which include stock options, unvested restricted stock units and unvested performance market-based stock units, have been excluded from the computation of diluted net loss per share as the effect would be anti-dilutive. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares equivalents presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:


	Three Months Ended March 31,
	2026		2025
Unvested restricted stock units		1,436,378		1,810,703
Unvested performance market-based stock units		224,435		755,302
Options to purchase shares of common stock		328,923		415,266
		1,989,736		2,981,271