iPower Inc. Earnings Per Share Disclosure
The following table sets forth the computation of basic and diluted earnings per share for the years presented:
| For the year ended June 30, | ||||||||
| 2025 | 2024 | |||||||
| Numerator: | ||||||||
| Net income (loss) attributable to iPower Inc. | $ | (4,968,288 | ) | $ | (1,528,159 | ) | ||
| Denominator: | ||||||||
| Weighted-average shares used in computing basic and diluted earnings per share* | $ | $ | ||||||
| Earnings per share of ordinary shares - basic and diluted | $ | ) | $ | ) | ||||
| * | Due to the ani-dilutive effect, the computation of basic and diluted EPS did not include the shares underlying the exercise of warrants and RSUs as the Company had a net loss for the year ended June 30, 2025 and 2024. |
| * | The computation of diluted EPS did not include the shares underlying the exercise of options granted as none of the options were vested and the exercise price of the options was higher than the market price as of June 30, 2025 and 2024. |
| * | For the year ended June 30, 2025, vested but unissued shares of restricted stock units under the 2020 Equity Incentive Plan (as discussed in Note 14) are considered issued shares and therefore are included in the computation of basic earnings (losses) per share when the shares are fully vested. |
| * | For the year ended June 30, 2024, vested but unissued shares of restricted stock units under the 2020 Equity Incentive Plan (as discussed in Note 14) are considered issued shares and therefore are included in the computation of basic earnings (loss) per share when the shares are fully vested. |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 9, 2025 | Showing above |
| 2024 | Sep 20, 2024 | |
| 2023 | Sep 15, 2023 | |
| 2022 | Sep 28, 2022 | |
| 2021 | Sep 28, 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.