FEMASYS INC Earnings Per Share Disclosure
| (13) |
Net Loss per Share Attributable to Common Stockholders
|
|
2024
|
2023
|
|||||||
|
Net loss attributable to common stockholders, basic & diluted
|
$
|
(18,816,628
|
)
|
(14,247,124
|
)
|
|||
|
|
||||||||
|
Weighted average number of shares used in computing net loss per share attributable to common stockholders, basic and diluted
|
22,267,695 |
15,384,376
|
||||||
|
Net loss per share attributable to common stockholders, basic and diluted
|
$ | (0.85 | ) |
(0.93
|
)
|
|||
|
2024
|
2023
|
|||||||
|
Options to purchase common stock
|
3,224,219
|
2,252,030
|
||||||
| Warrants to purchase common stock, in connection with April 2023 financing |
68,809 | 68,809 | ||||||
| Warrants to purchase common stock, in connection with November 2023 financing |
5,805,083 | 11,610,166 | ||||||
|
Warrants to purchase common stock
|
196,816
|
233,460
|
||||||
|
Total potential shares
|
9,294,927
|
14,164,465
|
||||||
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.