Lument Finance Trust, Inc.LFT

Lument Finance Trust, Inc. Earnings Per Share Disclosure

10-KFiled Mar 23, 20261 min read
EARNINGS PER SHARE
Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common share of common stock during the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock.

The Company has no participating securities outstanding during the periods presented. Therefore, the two-class method is not applicable.

The following tables sets forth the computation of basic and diluted earnings (loss) per share for the years ended December 31, 2025 and December 31, 2024:
 
Years Ended December 31,
20252024
Numerator:
Net income (loss)$(2,745,309)$22,649,190 
Less: preferred stock dividends(4,740,000)(4,740,000)
Net income (loss) available to common stockholders$(7,485,309)$17,909,190 
Denominator:
Weighted-average shares of common stock outstanding - basic and diluted52,344,316 52,274,904 
Earnings (loss) per share:
Basic and diluted$(0.14)$0.34 

There were no potentially dilutive securities outstanding during the periods presented that would have been dilutive, or any anti-dilutive effects requiring exclusion. As a result, basic and diluted earnings (loss) per share are the same.

Historical Timeline

Fiscal YearFiled
2025Mar 23, 2026Showing above
2024Mar 19, 2025
2023Mar 15, 2024
2022Mar 23, 2023
2021Mar 15, 2022
2020Mar 15, 2021
2019Mar 16, 2020
2018Mar 18, 2019
2017Mar 16, 2018
2016Mar 16, 2017
2015Mar 23, 2016

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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