AerSale Corp Earnings Per Share Disclosure
NOTE N - EARNINGS PER SHARE
The computation of basic and diluted earnings per share (“EPS”) is based on the weighted average number of common shares outstanding during each period.
The following table provides a reconciliation of the computation for basic and diluted earnings per share as follows:
Year Ended December 31, | |||||||||
| 2025 | | 2024 | | 2023 | ||||
Net income (loss) | $ | 8,575 | $ | 5,851 | $ | (5,563) | |||
Less: change in FV of warrants | - | - | (2,270) | ||||||
Income (loss) attributable to common stockholders for EPS | $ | 8,575 | $ | 5,851 | $ | (7,833) | |||
Weighted-average number of shares outstanding - basic |
| 48,378,882 |
| 53,113,508 |
| 51,291,424 | |||
Additional shares from assumed exercise of warrants | - | - | 166,397 | ||||||
Additional shares from assumed stock-settled restricted stock units | 370,659 | 245,577 | - | ||||||
Additional shares issued under the Employee Stock Purchase Plan | 5,044 | - | - | ||||||
Weighted-average number of shares outstanding - diluted | 48,754,585 | 53,359,085 | 51,457,821 | ||||||
Earnings (loss) per share - basic: | $ | 0.18 | $ | 0.11 | $ | ||||
Earnings (loss) per share - diluted: | $ | 0.18 | $ | 0.11 | $ | (0.15) | |||
Anti-dilutive shares/units excluded from earnings per share - diluted: | |||||||||
Additional shares from assumed stock-settled restricted stock units | - | - | 192,687 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 10, 2026 | Showing above |
| 2024 | Mar 11, 2025 | |
| 2023 | Mar 8, 2024 | |
| 2022 | Mar 7, 2023 | |
| 2021 | Mar 15, 2022 | |
| 2020 | Mar 16, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.