Savara Inc Earnings Per Share Disclosure
Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding. Diluted net loss per share is computed similarly to basic net loss per share except the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Diluted net loss per share is the same as basic net loss per common share since the effects of potentially dilutive securities are antidilutive.
As of December 31, 2025 and 2024, potentially dilutive securities include:
|
|
Year ended December 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
Awards under equity incentive plan |
|
|
13,243,462 |
|
|
|
13,554,621 |
|
Non-vested restricted shares and restricted stock units |
|
|
6,905,000 |
|
|
|
4,677,500 |
|
Warrants to purchase common stock |
|
|
77,793 |
|
|
|
77,793 |
|
Total |
|
|
20,226,255 |
|
|
|
18,309,914 |
|
The following table calculates basic net loss per share of common stock and diluted net loss per share of common stock for the years ended December 31, 2025 and 2024 (in thousands, except share and per share amounts):
|
|
Year ended December 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
Net loss |
|
$ |
(118,837 |
) |
|
$ |
(95,881 |
) |
Net loss attributable to common stockholders |
|
$ |
(118,837 |
) |
|
$ |
(95,881 |
) |
Undistributed earnings and net loss attributable to |
|
$ |
(118,837 |
) |
|
$ |
(95,881 |
) |
Weighted-average common shares outstanding, basic |
|
|
222,387,531 |
|
|
|
198,191,936 |
|
Basic and diluted net loss per share |
|
$ |
(0.53 |
) |
|
$ |
(0.48 |
) |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 13, 2026 | Showing above |
| 2024 | Mar 27, 2025 | |
| 2023 | Mar 7, 2024 | |
| 2022 | Mar 30, 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.