TECOGEN INC. Earnings Per Share Disclosure
| Years Ended | |||||||||||
| December 31, 2025 | December 31, 2024 | ||||||||||
| Numerator: | |||||||||||
| Net loss attributable to stockholders | $ | (8,248,755) | $ | (4,760,238) | |||||||
| Denominator: | |||||||||||
| Weighted average shares outstanding - Basic | 27,233,143 | 24,861,190 | |||||||||
| Effect of dilutive securities: | |||||||||||
| Stock options | — | — | |||||||||
| Weighted average shares outstanding - Diluted | 27,233,143 | 24,861,190 | |||||||||
| Basic loss per share | $ | (0.30) | $ | (0.19) | |||||||
| Diluted loss per share | $ | (0.30) | $ | (0.19) | |||||||
| Anti-dilutive shares underlying stock options outstanding | 244,836 | 1,222,516 | |||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 19, 2026 | Showing above |
| 2024 | Mar 18, 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.