OPTICAL CABLE CORP Earnings Per Share Disclosure
|
(15) |
Net Loss Per Share |
The following is a reconciliation of the numerators and denominators of the net loss per share computations for the periods presented:
|
Years ended October 31, |
||||||||
|
2025 |
2024 |
|||||||
|
Net loss (numerator) |
$ | (1,454,854 | ) | $ | (4,210,211 | ) | ||
|
Shares (denominator) |
8,046,088 | 7,749,182 | ||||||
|
Basic and diluted net loss per share |
$ | (0.18 | ) | $ | (0.54 | ) | ||
Nonvested shares which have been issued and are outstanding as of October 31, 2025 and 2024 totaling 376,467 and 208,001, respectively, were not included in the computation of basic and diluted net loss per share for the years ended October 31, 2025 and 2024 (because to include such shares would have been antidilutive, or in other words, to do so would have reduced the net loss per share for that period).
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 18, 2025 | Showing above |
| 2024 | Dec 23, 2024 | |
| 2023 | Dec 20, 2023 | |
| 2022 | Dec 22, 2022 | |
| 2021 | Dec 20, 2021 | |
| 2020 | Dec 21, 2020 | |
| 2019 | Jan 27, 2020 | |
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.