Numerator:

Net loss

$

(22,721

)

$

(18,939

)

$

(8,956

)

$

(8,753

)

Adjustments to reconcile to net loss available to common stockholders:

Net loss attributable to
non-controlling interests

—

(1,648

)

—

(744

)

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

$

(22,721

)

$

(17,291

)

$

(8,956

)

$

(8,009

)

Denominator:

Weighted-average common shares outstanding – basic and diluted

25,311,077

9,052,317

25,588,987

9,800,604

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

$

(0.90

)

$

(1.91

)

$

(0.35

)

$

(0.82

)

Numerator:

Net loss

$

(25,895

)

$

(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

$

(36,114

)

$

(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

$

(3.34

)

$

(5.06

)