Company: HFFG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001680873-25-000074
Chunk: 82

Company: HF Foods Group Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 82
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,000, subject to the terms of the sales agreement. During the period, the Company did not sell any Shares under the offering.

Note 10 - Earnings (Loss) Per ShareThe Company computes earnings per share (“EPS”) in accordance with ASC Topic 260 (“ASC 260”), Earnings per Share. ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net  income (loss) divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS, but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, warrants and restricted stock) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. There were 1,046,087 and 601,719 potential common shares related to performance-based restricted stock units and restricted stock units that were excluded from the calculation of diluted EPS for the three months ended September 30, 2025 and 2024, respectively, because their effect could have been anti-dilutive. There were 1,216,821 and 1,542,412 potential common shares related to performance-based restricted stock units and restricted stock units that were excluded from the calculation of diluted EPS for the nine months ended September 30, 2025 and 2024, respectively, because their effect could have been anti-dilutive.The following table sets forth the computation of basic and diluted EPS:Three Months Ended September 30,Nine Months Ended September 30,($ in thousands, except share and per share data)2025202420252024Numerator:Net loss attributable to HF Foods Group Inc.$(1,116)$(3,940)$(1,545)$(4,617)Denominator:Weighted-average common shares outstanding53,031,801 52,726,683 52,913,907 52,490,321 Effect of dilutive securities— — — — Weighted-average dilutive shares outstanding53,031,801 52,726,683 52,913,907 52,490,321 Loss per common share:Basic$(0.02)$(0.07)$(0.03)$(0.09)Dil