Note 11 – Net Loss Per Share

 

The computations of basic and dilutive loss per share of commons stock outstanding for the year ended December 31, 2025 and 2024 are as follows:

 

   Year Ended   Year Ended 
   December 31, 2025   December 31, 2024 
Net loss available to common shareholders  $(15,871,000)  $(23,257,000)
Basic and diluted weighted average of common stock outstanding   2,475,293    65,722 
Loss per common share   (6.41)   (353.87)

 

The computations of the fully diluted weighted average number of shares of common stock outstanding for the years ended December 31, 2025 and 2024 are as follows:

 

   Year Ended   Year Ended 
   December 31, 2025   December 31, 2024 
Basic weighted average common shares outstanding   2,475,293    65,722 
Effect of dilutive stock options and warrants   -    - 
Diluted weighted average of common shares outstanding   2,475,293    65,722 

 

Basic net loss per share is based on the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share reflects the potential dilution assuming shares of common stock underlying in-the-money options and warrants have been issued upon the exercise of the options and warrants and the proceeds thereof were used to purchase shares of the Company’s common stock at the average market price during the period using the treasury stock method.

 

 

ALGORHYTHM HOLDINGS, INC AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2025 and 2024

 

For the year ended December 31, 2025, 181,067 shares of common stock underlying stock options and 1,138,163 shares of common stock underlying warrants were excluded from the calculation of diluted net loss per share as the result would have been anti-dilutive. For the year ended December 31, 2024, 536 shares of common stock underlying stock options and 563,335 shares of common stock underlying warrants were excluded from the calculation of diluted net loss per share as the result would have been anti-dilutive.

 

Historical Timeline

Fiscal YearFiled
2025Apr 2, 2026Showing above
2024Apr 15, 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.