InspireMD, Inc. Earnings Per Share Disclosure
NOTE 6 - NET LOSS PER SHARE:
Set forth below is data taken into account in the computation of loss per share:
| December 31, | ||||||||
| 2019 | 2018 | |||||||
| ($ in thousands expect share and share data) |
||||||||
| Net Loss | $ | (10,040 | ) | $ | (7,240 | ) | ||
| Adjustments due to extinguishment and accretion of series D and series C preferred shares | (456 | ) | ||||||
| Adjusted Loss | $ | (10,040 | ) | $ | (7,696 | ) | ||
| Weighted average of Ordinary Shares and Pre-Funded | ||||||||
| Warrants outstanding during the period | 2,089,964 | 461,539 | ||||||
| Basic and diluted loss per share (dollars) | $ | (4.80 | ) | $ | (16.67 | ) | ||
The total number of shares of common stock related to outstanding options, warrants, restricted stock, restricted stock units, Series C Convertible Preferred Stock, Series D Convertible Preferred Stock and placement agent units excluded from the calculations of diluted loss per share were 4,707,230 and 880,913 for the years ended December 31, 2019 and 2018, respectively.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2019 | Mar 10, 2020 | Showing above |
| 2018 | Feb 19, 2019 | |
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.