Trump Media & Technology Group Corp.DJT

Trump Media & Technology Group Corp. Earnings Per Share Disclosure

10-KFiled Feb 27, 20261 min read
NOTE 12 – LOSS PER SHARE

Basic loss per share is calculated by dividing net loss by the weighted average number of shares of stock outstanding during the period.   We computed diluted earnings per share of common stock based on the weighted average number of shares of stock outstanding plus potentially dilutive shares of stock outstanding during the period.  Potentially dilutive shares of stock from employee incentive plans are determined by applying the treasury stock method to the assumed vesting of outstanding RSUs, convertible notes and warrants.  There were no dilutive potential common shares for the years ended December 31, 2025, 2024, and 2023 because we reported a net loss and the potential dilutive shares would be anti-dilutive.
Total common stock equivalents excluded from dilutive loss per share are as follows:

   
December 31, 2025
    
December 31, 2024
    
December 31, 2023
  
Convertible notes
  

28,324,940
      
-
      
-
  
Warrants
    
11,019,418
      
11,045,545
      
-
  
RSUs
    
3,164,030
      
1,821,015
      
-
  
Total common stock equivalents excluded from dilutive income/loss per share
    
42,508,388
      
12,866,560
      
-
  

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.

Other Available Disclosures

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