Oxford Square Capital Corp. Earnings Per Share Disclosure
NOTE 6. EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted net increase in net assets resulting from net investment income per share for the years ended December 31, 2025, 2024 and 2023:
|
Year Ended |
Year Ended |
Year Ended |
|||||||
|
Net increase in net assets resulting from net investment income per common share – basic and diluted: |
|
|
|
||||||
|
Net investment income |
$ |
22,592,924 |
$ |
26,440,412 |
$ |
27,359,939 |
|||
|
Weighted average common shares outstanding – basic |
|
76,432,486 |
|
63,465,255 |
|
53,919,104 |
|||
|
Net increase in net assets resulting from net investment income per common share – basic and diluted |
$ |
0.30 |
$ |
0.42 |
$ |
0.51 |
|||
The following table sets forth the computation of basic and diluted net increase/(decrease) in net assets resulting from operations per share for the years ended December 31, 2025, 2024 and 2023:
|
Year Ended |
Year Ended |
Year Ended |
||||||||
|
Net (decrease)/increase in net assets resulting from operations per common share – basic and diluted: |
|
|
|
|
||||||
|
Net (decrease)/increase in net assets resulting from operations |
$ |
(18,731,067 |
) |
$ |
5,879,681 |
$ |
17,238,028 |
|||
|
Weighted average common shares outstanding – basic |
|
76,432,486 |
|
|
63,465,255 |
|
53,919,104 |
|||
|
Net (decrease)/increase in net assets resulting from operations per common share – basic and diluted |
$ |
(0.25 |
) |
$ |
0.09 |
$ |
0.32 |
|||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 6, 2026 | Showing above |
| 2024 | Mar 5, 2025 | |
| 2023 | Mar 19, 2024 | |
| 2022 | Mar 23, 2023 | |
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.