M-tron Industries, Inc. Earnings Per Share Disclosure
The following table presents a reconciliation of Net income and shares used in calculating basic and diluted net income per common share for the periods indicated:
| Year Ended December 31, | ||||||||
| 2025 | 2024 | |||||||
| Numerator for EPS: | ||||||||
| Net income | $ | 8,447 | $ | 7,636 | ||||
| Denominator for EPS: | ||||||||
| Weighted average shares outstanding - basic | 2,873,256 | 2,748,186 | ||||||
| Dilutive effects: | ||||||||
| Stock options | 31,953 | 79,001 | ||||||
| Restricted stock | 41,589 | 56,757 | ||||||
| Warrants | 279,461 | — | ||||||
| Weighted average shares outstanding - diluted | 3,226,259 | 2,883,944 | ||||||
| Income per common share: | ||||||||
| Basic | $ | 2.94 | $ | 2.78 | ||||
| Diluted | $ | 2.62 | $ | 2.65 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 26, 2026 | Showing above |
| 2024 | Mar 27, 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.