Company: SINT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024040
Chunk: 9

Company: Sintx Technologies, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 9
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    Effect of Dilutive Warrant Securities  
    Diluted Calculation 
  
    Numerator: 

    Net loss 
    $(3,090) 
    $(3,283) 
    $(6,373)

    Denominator: 

    Number of shares used in per common share calculations: 
     358,763  
     108,993  
     467,756 

    Net loss per common share: 

    Net loss 
    $(8.61) 
    $(30.12) 
    $(13.62)

4.
Inventories

Inventories
consisted of the following (in thousands):

 Schedule of Components of Inventory

    June 30, 2025  
    December 31, 2024 
  
    Raw materials 
    $516  
    $629 
  
    WIP 
     162  
     182 
  
    Finished goods 
     127  
     156 
  
    Inventory net 
    $805  
    $967 

As
of June 30, 2025, inventories of approximately $0.4 million and $0.4 million were classified as current and long-term, respectively.
Inventories classified as current represent the carrying value of inventories as of June 30, 2025, that management estimates will be
sold or used by June 30, 2026.

5.
Fair Value Measurements

Financial
Instruments Measured and Recorded at Fair Value on a Recurring Basis

The
Company has issued certain warrants to purchase shares of common stock, which are considered derivative liabilities because they have
certain rights which could require a cash settlement and are re-measured to fair value at each reporting period in accordance with accounting
guidance. Fair value is based on the price that would be received from selling an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date, under a three-tier fair value hierarchy which prioritizes the inputs
used in measuring fair value as follows:

    Level
    1 -
    quoted
    market prices for identical assets or liabilities in active markets.

    Level
    2 -
    observable
    prices that are based on inputs not quoted on active markets but corroborated by market data.

    Level
    3 -
    unobservable
    inputs reflecting management’s assumptions, consistent with reasonably available assumptions made by other market participants.
    These valuations require