Strata Critical Medical, Inc.SRTA

Strata Critical Medical, Inc. Earnings Per Share Disclosure

10-KFiled Mar 13, 20251 min read
Net Loss per Common Share
Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding, plus the impact of common shares, if dilutive, resulting from the exercise of outstanding stock options, restricted shares, and warrants.

A reconciliation of net loss and common share amounts used in the computation of basic and diluted loss per common share is presented below.
Year Ended December 31,
20242023
Basic and dilutive loss per common share:
Net loss attributable to Blade Air Mobility, Inc.$(27,307)$(56,076)
Total weighted-average basic common shares outstanding77,499,423 73,524,476 
Net loss income per common share:
Basic and diluted loss per common share$(0.35)$(0.76)

The following table represents common stock equivalents that were excluded from the computation of diluted loss per common share for the years ended December 31, 2024 and 2023 because the effect of their inclusion would be anti-dilutive:
Year Ended December 31,
20242023
Warrants to purchase shares of common stock14,166,644 14,166,644 
Options to purchase shares of common stock5,124,516 7,217,074 
Restricted shares of common stock
9,286,110 5,259,982 
Total potentially dilutive securities28,577,270 26,643,700 

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.

Other Available Disclosures

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