Company: OPGN
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001829126-25-009312
Chunk: 56

Company: OPGEN INC
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 8
Chunk 56
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    7,642,696

    Basic weighted average shares outstanding

    10,071,218

    2,837,744

    10,071,218

    2,837,744

    Dilutive effect of preferred stock 

    61,100

    733,761

    Dilutive effect of restricted stock units

    62,983

    -

    Dilutive weighted average shares outstanding

    10,195,301

    3,571,505

    Earnings per share
     
    $
    0.25

    $
    2.51

    $
    0.24

    $
    2.14

None of the potential dilutive securities had a dilutive impact during the three months ended September 30, 2025 due to the Company’s net loss.

The number of anti-dilutive
shares, consisting of common shares underlying (i) preferred stock, (ii) common stock options, (iii) restricted stock units and (iv)
stock purchase warrants, which have been excluded from the computation of diluted income per share, was 1.4
million shares and 1.1 million shares for the three and nine months ended September 30, 2025, respectively.

The number of anti-dilutive shares for both the three and nine months ended September 30, 2024, consisting of common shares underlying (i) preferred stock, (ii) common stock options, (iii) restricted stock units and (iv) stock purchase warrants, which have been excluded from the computation of diluted income per share, was 1.2 million shares.

    13

Recently issued accounting standards

In July 2025, the FASB issued ASU No. 2025-05: Financial Instruments-Credit Losses which amends Topic 326. Specifically, the ASU provides a practical expedient whereby an entity can assume that current conditions as of the balance sheet date will not change for the remaining life of the asset (e.g., the accounts receivable). This guidance is effective for the Company’s fiscal year ending December 31, 2026 and can be adopted early. The Company is in the process of evaluating the effects of this guidance on its condensed consolidated financial statements.

In September 2025, the FASB issued ASU 2025-06, which amends the guidance on ASC 350-40, Intangibles – Goodwill and