LIVE VENTURES IncLIVE

LIVE VENTURES Inc Earnings Per Share Disclosure

10-KFiled Dec 17, 20252 min read
Note 14:    Earnings Per Share
Net income per share is calculated using the weighted average number of shares of common stock outstanding during the applicable period. Basic weighted average common shares outstanding do not include shares of restricted stock that have not yet vested, although such shares are included as outstanding shares in the Company’s Consolidated Balance Sheet. Diluted net income per share is computed using the weighted average number of common shares outstanding and if dilutive, potential common shares outstanding during the period. Potential common shares consist of the additional common shares issuable in respect of restricted share awards, stock options and convertible preferred stock. Preferred stock dividends are subtracted from net earnings to determine the amount available to common stockholders.
The following table presents the computation of basic and diluted net income (loss) per share:
Years Ended September 30,
20252024
Basic
Net income (loss)
$22,743 $(26,685)
Weighted average common shares outstanding3,094,0873,147,646
Basic earnings (loss) per share
$7.35 $(8.48)
Diluted
Net income (loss) applicable to common stock$22,743 $(26,685)
Weighted average common shares outstanding3,094,0873,147,646
Add: Options29,110—
Add: ICG convertible debt1,492,897—
Add: Series E Preferred Stock252—
Assumed weighted average common shares outstanding4,616,3463,147,646
Diluted earnings (loss) per share$4.93 $(8.48)
Basic earnings per common share ("EPS") is computed by dividing net income by the weighted average number of shares of Common Stock outstanding for the period. Diluted EPS is computed by dividing net income by the sum of the weighted average number of shares of Common Stock outstanding and the effect of dilutive securities. No diluted EPS computation was made for the year ended September 30, 2024, as the Company recorded a net loss. Had the Company calculated diluted EPS for the years ended September 30, 2024, the total assumed weighted average common shares outstanding would have been 3,162,456, and there would have been 35,000 options to purchase shares of common stock that were anti-dilutive.

Historical Timeline

Fiscal YearFiled
2025Dec 17, 2025Showing above
2024Dec 19, 2024
2023Dec 22, 2023
2018Dec 27, 2018

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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