Company: OPGN
Filing Date: 2025-10-01
Form Type: 10-Q
Source: 0001829126-25-007819
Chunk: 17

Company: OPGEN INC
Filing Date: 2025-10-01
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 impact of all potential dilutive common shares is anti-dilutive. In periods of net income, diluted earnings per share is computed using the more dilutive of the “two class method” or the “treasury method.” Dilutive earnings per share under the “two class method” is calculated by dividing net income available to common stockholders as adjusted for the participating impacts of the preferred stock, by the weighted-average number of shares outstanding plus the dilutive impact of all other potential dilutive common shares, consisting primarily of common shares underlying common stock options and stock purchase warrants using the treasury stock method. Dilutive earnings per share under the “treasury stock method” is calculated by dividing net income available to common stockholders by the weighted-average number of shares outstanding plus the dilutive impact of all potential dilutive common shares, consisting primarily of common shares underlying common stock options and stock purchase warrants using the treasury stock method, and preferred stock using the if-converted method.

The Company has calculated basic and diluted (loss) earnings per share for the three months ended March 31, 2025 and 2024 as follows:

    Schedule of earnings per share, basic and diluted

    Basic

    Diluted

        March 31, 2025

     March 31, 2024

        March 31, 2025

    March 31, 2024

    (As Restated)

    (As Restated)

    Net (loss) income 
     
    $
    (408,133
    )
     
    $
    287,967

    $
    (408,133
    )
     
    $
    287,967

    Net income allocated to preferred stock

    -

    (84,462
    )

    -

    (84,462
    )
  
    Net (loss) income available to common stockholders
     
    $
    (408,133
    )
     
    $
    203,505

    $
    (408,133
    )
     
    $
    203,505

    Basic weighted average shares outstanding

    10,071,079

    1,284,305

    10,071,079

    1,284,305

    Dilutive effect of stock purchase warrants

    -

    47,273

    Dilutive weighted average shares outstanding

    10,071,079

    1,331,578

    (Loss) earnings per share