Company: OPGN
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001829126-25-008771
Chunk: 16

Company: OPGEN INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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itable rights to dividends and, therefore, are considered to be participating securities; in periods of net income, the calculation of basic earnings per share excludes from the numerator net income attributable to the preferred stock and excludes the impact of those shares from the denominator.

In periods of net loss, diluted loss per share is calculated similarly to basic loss per share because the impact of all potential dilutive common shares is anti-dilutive. In periods of net income, diluted earnings per share is computed using the more dilutive of the “two class method” or the “treasury method.” Dilutive earnings per share under the “two class method” is calculated by dividing net income available to common stockholders as adjusted for the participating impacts of the preferred stock, by the weighted-average number of shares outstanding plus the dilutive impact of all other potential dilutive common shares, consisting primarily of common shares underlying common stock options and stock purchase warrants using the treasury stock method. Dilutive earnings per share under the “treasury stock method” is calculated by dividing net income available to common stockholders by the weighted-average number of shares outstanding plus the dilutive impact of all potential dilutive common shares, consisting primarily of common shares underlying common stock options and stock purchase warrants using the treasury stock method, and preferred stock using the if-converted method.

    12

The Company has calculated basic and diluted earnings (loss) per share
for the three and six months ended June 30, 2025 and 2024 as follows:

    Schedule of earnings per share, basic and diluted

    Basic

    Diluted

    Three months ended 
June 30,  
    Three months ended 
June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net income (loss)
     
    $
    3,509,992

    $
    (1,576,349
    )
     
    $
    3,509,992

    $
    (1,576,349
    )
  
    Net income allocated to preferred stock

    (21,166
    )

    -

    (20,967
    )

    -

    Net income (loss) available to common stockholders
     
    $
    3,488,826

    $
    (1,576,349
    )
     
    $
    3,489,025

    $
    (1,576,349
    )

    Basic