# Earnings per share report (basic & diluted) Quarterly and annual reporting can be time consuming and stressful. For our **public companies**, help is on the way with our new earnings per share report! You can now calculate your company’s basic and diluted earnings per share faster than ever. To access this report, navigate to the _Reports_ page and search for _Earnings per share worksheet_ under the _Compliance_ section. Be sure to enter the start and end dates of the fiscal period, then export the report. --- # Updated interest end date fields for convertibles For convertible notes, we previously used the same field to reflect “Interest last accrued” and “Interest accrual end date.” This was confusing since these two fields can be different dates. We have separated these fields and added tooltips into the details modal of the convertibles to help make the distinctions between these fields clearer. **Interest last accrued:** the last date that interest was collected for a convertible. In Carta, this is a calculated date that changes depending on the terms that are set for the convertible and the amount of time that has passed. This can only be viewed in the details modal of the convertible. **Interest accrual end date:** a date that can be modified by company administrators and will stop the interest from accruing based on the date set. This will override the maturity date if one is set. Interest accrual end date can be viewed in details modal of the convertible and edited by legal administrators through the modify workflow. --- # Manage closing documents for your investments We made it easier for investors to manage closing documents for their investments on Carta. You can now upload closing documents for all your investments and view them in one place. Access closing documents from the “Documents” tab of your portfolio company page. --- # Information sharing for fund admin customers As a Carta **fund administration customer**, you can now share your _SOI_, _Deal IRR_ and _Fund performance_ pages with your investors in-app. We’ve made it simple to enable sharing across your investors, while providing granular controls to fine-tune access per investor. At your option, our team can help manage sharing, so that your investors can always access information from the most recent quarterly reporting period. --- # Exit scenarios for Investors You can now model exits for portfolio companies on Carta with just a couple clicks! Instead of spending hours building complicated models in excel, with exit scenarios you can let Carta’s software do the heavy lifting and focus on interpreting the results. Here are a couple of its best features: **Distributions:** The distributions chart allows you to see a range of outcomes for your firm, top 5 shareholders, and share classes. **Goal seek:** You may not have a specific exit event on the horizon for your portfolio company, but want to understand what outcome would be required to achieve a 10x return multiple, 30% IRR, or $100 million payout for your portfolio. The goal seek feature allows you to enter a desired outcome and the model will return the required exit value to achieve the outcome. **Save and share:** Once you have created an exit scenario, you are able to save and share with other members of your team. --- # Ownership metrics card for investors We know things like post-money valuation, option pool remaining, and cash invested are some of the most important metrics to have top of my mind when going to board meetings, discussing follow on investments, and reviewing your portfolio. We added an ownership metric card to your Overview tab so you can quickly view these key facts about your investments. --- # ISO/NSO split calculations run after modifications We are now running ISO/NSO split calculations after you modify fields that could affect the status of a grant according to the [$100K rule](https://support.carta.com/article/132-100k-rule) under IRC §422(d)(1-3). If you modify name, email, grant date, option plan, or quantity for an option grant, we will notify you that that the status may change before you save. After the modification is saved, we will run the calculation and send an email to the user that made the modification if the ISO/NSO status changes. --- # Compare Actuals to Forecasts Have you ever received a performance update from a portfolio company and thought, “this number is interesting, but how does this stack up against the forecast the team presented in January?” Portfolio Insights customers can now see how a portfolio company has forecasted and re-forecasted values through time for Revenue, Cash, EBITDA, and ARR/ MRR. To access this feature, navigate to the Key Metrics tab of your portfolio company page and click on the “Forecasts” sub-tab. The rows are the different statements of forecasted data by period and the last row shows actuals. --- # Customizable headers (for options) Company administrators can now customize the column headers on the options security ledger. Selections will be saved until modified or the browser’s cookies are cleared. We are working to add this feature to other ledgers! Please send any feedback to [allie@carta.com](mailto:allie@carta.com) --- # Real-time data for fund admin customers As a Carta **fund administration customer**, you now have access to real-time investment and fund performance data in your Carta account. You can now review up-to-date information on all your active investments on the SOI page. The new Deal IRR page allows you to view granular performance data across all your investments. Finally, our Fund Performance page provides you with higher-level metrics, including the net calculations highly valued by LPs. --- # A Redesigned Portfolio Experience We’ve heard you! You are on the go and now we are too. **Investors, board members, and employees** can now access their holdings data on any device. For **investors**, the portfolio company page features a new overview tab. Here you can glean the most important information about your portfolio company. Portfolio Insights customers will also enjoy added granularity to the in-app reporting. We’ve made our popular bulk export feature now available for all metrics. Another win for **all investors** is the ability to upload documents to the company page. Keep track of all relevant company materials, such as board decks and legal documents, in one place. --- # Tender Offers: sell order UI refresh We’ve made some UI improvements to the sell order submission workflow in the Tender Offer product: - There is a new customizable intro page companies can use to communicate important information with sellers - We’ve switched from a single-page sell order to a multi-step workflow. This includes a new navigation tracker on the left-hand side that shows sellers where they are in the process - Sellers can save at each step so they don’t have to complete their order in one sitting - We’ve also leveraged the Carta Platform team’s **_ink_** components for a more streamlined look and feel --- # Modify plans attached to options and RSAs You can now update the option plan that is attached to option grants and RSAs through the modify workflow. When modifying RSAs, if you remove the plan that is attached, the shares will become a standard certificate and pull from the shares authorized instead of the option pool. Please note - this does not track changes over time. If you need to set up multiple option plans so shares will pour over, please contact Carta customer support. --- # Changes to acceptance reminder emails As the SEC transfer agent for our private companies, we want every user on Carta to accept their securities. We have updated our notifications to help remind people and keep the data in Carta up to date and accurate. We currently have reminder emails for accepting securities go out at **2, 5, 10, 20 and 30 day** intervals. We have now added more reminder emails to also be sent out at **2, 3, 6 and 12 month** intervals as well. --- # Update investors with our financials template For companies fulfilling investor information requests through Carta, we have now made it easier to provide financials via a template. The new layout clearly lists the requested items and provides template for financials, which includes actuals and forecasted numbers for Profit & Loss, Balance Sheet, and Cash flow statement. --- # Merge duplicate stakeholder tool You may now merge duplicate stakeholders from the stakeholder ledger. Follow the steps outlined below: 1. Check the boxes for two stakeholders you would like to merge. Note: you can only merge two stakeholders at this time, and both stakeholders cannot have accepted securities separately. Select “Merge Stakeholders” from the actions dropdown. 2. Compare the stakeholder information and enter updated values in the cells on the right. 3. Review and correct the stakeholder’s relationships and their effective dates. 4. Review the changes you’ve made and check that they are correct. 5. Sign and click “Merge stakeholder” to merge the stakeholder. --- # Select board members who need to approve a resolution Now you can select board members who need to approve a resolution. This helps if you have committees or a board member’s contract will soon expire. You can also decide if you want to send notifications or not, so you can create multiple resolutions and approvals without sending multiple emails. --- # Hiding docs users don't have access to We updated boardroom user experience and now hide all documents that users don’t have access to. This improvement is important for closed session part of the board meeting which is usually only attended by board directors.