SPRUCE POWER HOLDING CORP Earnings Per Share Disclosure
| Years Ended December 31, | |||||||||||
| (Amounts in thousands, except share data) | 2024 | 2023 | |||||||||
| Numerator: | |||||||||||
| Net loss attributable to stockholders | $ | (70,489) | $ | (65,831) | |||||||
| Denominator: | |||||||||||
| Weighted average shares outstanding, basic and diluted | 18,470,926 | 18,391,436 | |||||||||
| Net loss attributable to stockholders per share, basic and diluted | $ | (3.82) | $ | (3.58) | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | Mar 31, 2025 | Showing above |
| 2021 | Mar 1, 2022 | |
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.