NextPlat Corp Earnings Per Share Disclosure
Note 7. Earnings (Loss) per Share
Net income (loss) per common share is calculated in accordance with ASC Topic 260: Earnings per Share (“ASC 260”). Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. The computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted average shares outstanding as they would be anti-dilutive.
The components of basic and diluted EPS were as follows (in thousands, except per share data). For all periods presented, the Company incurred a net loss causing inclusion of any potentially dilutive securities to have an anti-dilutive effect, resulting in diluted loss per common share and basic loss per common share being equivalent.
| Years Ended December 31, | ||||||||
| 2025 | 2024 | |||||||
| Net loss attributable to common stockholders | $ | (11,712 | ) | $ | (13,426 | ) | ||
| Basic weighted average common shares outstanding | 26,535 | 20,614 | ||||||
| Potentially dilutive common shares | — | — | ||||||
| Diluted weighted average common shares outstanding | 26,535 | 20,614 | ||||||
| Basic weighted average loss per common share | $ | (0.44 | ) | $ | (0.65 | ) | ||
| Diluted weighted average loss per common share | $ | (0.44 | ) | $ | (0.65 | ) | ||
| Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share: | ||||||||
| Stock options | — | 13 | ||||||
| Common stock purchase warrants | — | — | ||||||
| — | 13 | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 31, 2026 | Showing above |
| 2024 | Mar 24, 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.