ASTROTECH Corp Earnings Per Share Disclosure
(11) Net Loss per Share
Basic loss per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed on the basis of the weighted average number of shares of common stock plus the effect of potentially dilutive common shares outstanding during the period using the treasury stock method and the if-converted method. Potentially dilutive common shares include outstanding stock options and share-based awards.
The following table reconciles the numerators and denominators used in the computations of both basic and diluted net loss per share
| Year Ended June 30, | ||||||||
| 2025 | 2024 | |||||||
| Numerator: | ||||||||
| Net loss | $ | (13,850 | ) | $ | (11,666 | ) | ||
| Denominator: | ||||||||
| Denominator for basic and diluted net loss per share — weighted average common stock outstanding | 1,665 | 1,638 | ||||||
| Basic and diluted net loss per common share: | ||||||||
| Net loss | $ | (8.32 | ) | $ | (7.12 | ) | ||
All unvested restricted stock awards for the years ended June 30, 2025 and 2024 are included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. Options to purchase 213,113 shares of common stock at exercise prices ranging from $5.50 to $175.50 per share outstanding for the year ended June 30, 2025 and options to purchase 156,628 shares of common stock at exercise prices ranging from $7.47 to $175.50 per share outstanding for the year ended June 30, 2024 were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 26, 2025 | Showing above |
| 2024 | Sep 20, 2024 | |
| 2023 | Sep 28, 2023 | |
| 2022 | Sep 15, 2022 | |
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.