Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 1365

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 7A
Chunk 1365
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 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” are 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.

    F-18

The Company has calculated basic and diluted earnings (loss) per share for the years ended December 31, 2024 and 2023 as follows:

    Schedule of earnings per share, basic and diluted

    Basic

    Diluted

    Year ended December 31,

    Year ended December 31,

    2024

    2023

    2024

    2023

    Net income (loss)
     
    $
    11,992,780

    $
    (32,668,530
    )
     
    $
    11,992,780

    $
    (32,668,530
    )
  
    Net income allocated to preferred stockholders

    (636,742
    )

    -

    -

    -

    Net income (loss) available to common stockholders
     
    $
    11,356,038

    $
    (32,668,530
    )
     
    $
    11,992,780

    $
    (32,668,530
    )

    Basic weighted average shares outstanding

    4,655,225

    787,832

    4,655,225

    787,832

    Dilutive effect of preferred stock

    564,677

    -

    Dilutive weighted average shares outstanding

    5,219,902

    787,832

    Earnings (loss) per share