Exodus Movement, Inc. Earnings Per Share Disclosure
(in thousands, except per share amounts) | 2025 | 2024 | |
Basic net (loss) income per share: | |||
Numerator | |||
Net (loss) income, basic and diluted | $(11,353) | $112,958 | |
Denominator | |||
Weighted-average number of shares used in per share computation - Class A | 9,515 | 5,371 | |
Weighted-average number of shares used in per share computation - Class B | 19,492 | 20,925 | |
Basic net (loss) income per share - Class A | $(0.39) | $4.30 | |
Basic net (loss) income per share - Class B | $(0.39) | $4.30 | |
Diluted net (loss) income per share: | |||
Denominator | |||
Weighted-average number of shares used in diluted computation - Class A | 9,515 | 9,051 | |
Weighted-average number of shares used in diluted computation - Class B | 19,492 | 23,012 | |
Diluted net (loss) income per share - Class A | $(0.39) | $3.52 | |
Diluted net (loss) income per share - Class B | $(0.39) | $3.52 |
(In thousands) | December 31, 2025 |
RSUs outstanding | 2,543 |
Stock options outstanding | 545 |
Warrants | 100 |
Number of anti-dilutive shares | 3,188 |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 11, 2026 | Showing above |
| 2024 | Mar 6, 2025 | |
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.