Company: MDXG
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001376339-25-000009
Chunk: 29

Company: MIMEDX GROUP, INC.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 29
---
7 million. This valuation was calculated based on a series of Level 2 and Level 3 inputs, including a discount rate based on the credit risk spread of debt instruments of similar risk character in reference to U.S. Treasury instruments with similar maturities, with an incremental risk premium for risk factors specific to the Company. The remaining cash flows associated with the Term Loan Facility were discounted to December 31, 2024 using this discount rate to derive the fair value.

10.    Basic and Diluted Net Loss Per Common Share

Net loss per common share is calculated using two methods: basic and diluted. Basic Net Loss Per Common ShareThe following table provides a reconciliation of net loss to net loss available to common shareholders and calculation of basic net loss per common share for each of the years ended December 31, 2024, 2023, and 2022 (amounts in thousands, except share and per-share amounts):

F- 23

 Year ended December 31, 202420232022Net income (loss) from continuing operations$41,998 $67,439 $(19,953)Income (loss) from discontinued operations, net of tax421 (9,211)(10,244)Net income (loss)42,419 58,228 (30,197)Adjustments to reconcile to net loss available to common stockholders:Accumulated dividend on previously converted Series B Preferred Stock— 6,753 6,580 Preferred share repurchase in excess of book value— 4,890 — Total adjustments— 11,643 6,580 Net income (loss) available to common stockholders from continuing operations$41,998 $55,796 $(26,533)Weighted average common shares outstanding146,979,354 116,495,810 112,909,266 Basic net income (loss) per common share:Continuing operations$0.29 $0.48 $(0.24)Discontinued operations0.00 (0.08)(0.09)Basic net income (loss) per common share$0.29 $0.40 $(0.33)Diluted Net Loss Per Common ShareThe following table sets forth the computation of diluted net loss per common share (in thousands, except share and per-share amounts):

F- 24

 Year ended December 31, 202420232022Net income (loss) available to common