Company: IIIV
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001728688-25-000089
Chunk: 194

Company: i3 Verticals, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 8
Chunk 194
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 stock outstanding adjusted to give effect to potentially dilutive securities.

43

i3 VERTICALS, Inc.NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)(in thousands, except unit, share and per share amounts)

The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock from continuing operations for the three and six months ended March 31, 2025 and 2024:Three Months Ended March 31,Six Months Ended March 31,2025202420252024Basic net income (loss) per share:NumeratorNet income (loss)$1,095 $(2,302)$4,417 $(6,517)Less: Net income (loss) attributable to non-controlling interest1,022 (593)2,150 (1,923)Net income (loss) attributable to Class A common stockholders$73 $(1,709)$2,267 $(4,594)DenominatorWeighted average shares of Class A common stock outstanding23,834,233 23,331,239 23,691,648 23,299,214 Basic net income (loss) per share(1)$0.00 $(0.07)$0.10 $(0.20)Diluted net income per share:NumeratorNet income attributable to Class A common stockholders$73 $2,267 Reallocation of net income assuming conversion of common units(2)— — Net income attributable to Class A common stockholders - diluted$73 $2,267 DenominatorWeighted average shares of Class A common stock outstanding23,834,233 23,691,648 Weighted average effect of dilutive securities(3)299,505 389,584 Weighted average shares of Class A common stock outstanding - diluted24,133,738 24,081,232 Diluted net income per share$0.00 $0.09 __________________________1.For the three and six months ended March 31, 2024, all potentially dilutive securities were anti-dilutive, so diluted net loss per share was equivalent to basic net loss per share. The following securities were excluded from the weighted average effect of dilutive securities in the computation of diluted net loss per share of Class A common stock for continuing operations:a.10,091,604 and