Company: SCLXW
Filing Date: 2025-08-04
Form Type: S-1
Source: 0001193125-25-172703
Chunk: 603

Company: Scilex Holding Co
Filing Date: 2025-08-04
Form: S-1
Chunk 603
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 lease liability |     |        |   740 |   |
| Lease liability, net of current portion |     | $      | 1,327 |   |

F-93

**12. Net Loss Per Share**

The following table sets forth the reconciliation of basic and diluted loss per share for the three months ended March 31, 2025 and 2023 (in thousands except per share data):

|                                                                              |     | Three Months EndedMarch 31, |    2025 |   |     |   |    2024 |   |
|:-----------------------------------------------------------------------------|:----|:----------------------------|--------:|:--|:----|:--|--------:|:--|
| Net loss                                                                     |     | $                           | (26,080 | ) |     | $ | (24,377 | ) |
| Weighted average number of shares outstanding                                |     |                             |   5,065 |   |     |   |   2,926 |   |
| Weighted average common stock warrants exercisable for nominal consideration |     |                             |   6,500 |   |     |   |       — |   |
| Weighted average number of shares, basic                                     |     |                             |  11,565 |   |     |   |   2,926 |   |
| Effect of dilutive securities                                                |     |                             |       — |   |     |   |       — |   |
| Weighted average number of shares, diluted                                   |     |                             |  11,565 |   |     |   |   2,926 |   |
| Loss per share                                                               |     |                             |         |   |     |   |         |   |
| Basic and diluted                                                            |     | $                           |   (2.26 | ) |     | $ |   (8.33 | ) |

Basic net loss per share is computed by dividing net loss by the weighted average number of shares of Common Stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of Common Stock and, if dilutive, potential Common Stock outstanding during the period. Potential Common Stock consists of the incremental Common Stock issuable upon the exercise of stock options and warrants (using the treasury stock method or the reverse treasury stock method, as applicable).

In the computation of net loss per share, treasury shares are not included as part of the outstanding shares.

In accordance with FASB ASC 260, Earnings