High Roller Technologies, Inc. Earnings Per Share Disclosure
NOTE 11 — NET INCOME (LOSS) PER SHARE
The computation of net income (loss) per common share and the weighted average common shares outstanding for the years ended December 31, 2025 and 2024 are summarized as follows:
|
| For the Year Ended |
| ||||
|
| December 31, |
| ||||
(in thousands, except share and per share data) |
| 2025 |
| 2024 |
| ||
Basic |
|
|
|
|
|
|
|
Net income (loss) from continuing operations |
| $ | 690 |
| $ | (8,618) |
|
Net income from discontinued operations net of taxes |
| $ | 2,471 |
| $ | 2,695 |
|
Weighted average number of shares used in computing net loss per share – basic |
|
| 8,438,854 |
|
| 7,248,892 |
|
Net income (loss) per share from continuing operations - basic |
| $ | 0.08 |
| $ | (1.19) |
|
Net income (loss) per share from discontinued operations - basic |
| $ | 0.29 |
| $ | 0.37 |
|
Net income (loss) per share - basic |
| $ | 0.37 |
| $ | (0.82) |
|
Diluted |
|
|
|
|
|
|
|
Net income (loss) from continuing operations |
| $ | 690 |
| $ | (8,618) |
|
Net income from discontinued operations net of taxes |
| $ | 2,471 |
| $ | 2,695 |
|
Weighted average number of shares used in computing net loss per share – diluted |
|
| 9,659,274 |
|
| 7,248,892 |
|
Net income (loss) per share from continuing operations - diluted |
|
| 0.07 |
|
| (1.19) |
|
Net income (loss) per share from discontinued operations - diluted |
|
| 0.26 |
|
| 0.37 |
|
Net income (loss) per share - diluted |
| $ | 0.33 |
| $ | (0.82) |
|
As of December 31, 2024, the Company excluded the outstanding securities summarized below, which entitle the holders thereof to acquire shares of common stock, from its calculation of dilutive net loss per share for the years ended as their effect would have been anti-dilutive. As of December 31, 2025, the Company included the outstanding securities summarized below. These additional securities were excluded from the calculation of dilutive net income (loss) per share as follows:
|
| For the Years Ended |
| ||
|
| December 31, |
| ||
|
| 2025 |
| 2024 |
|
Warrants |
| 101,672 |
| 101,672 |
|
Stock options |
| 967,600 |
| 938,453 |
|
Restricted stock units |
| 151,148 |
| 255,715 |
|
|
| 1,220,420 |
| 1,295,840 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 10, 2026 | Showing above |
| 2024 | Mar 21, 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.