Company: IIIV
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001728688-25-000108
Chunk: 206

Company: i3 Verticals, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 206
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30, 2025 and 2024:Three Months Ended June 30,Nine Months Ended June 30,2025202420252024Basic net (loss) income per share:NumeratorNet (loss) income$(996)$(14,407)$4,117 $(22,365)Less: Net (loss) income attributable to non-controlling interest(586)(2,608)1,653 (4,654)Net (loss) income attributable to Class A common stockholders$(410)$(11,799)$2,464 $(17,711)DenominatorWeighted average shares of Class A common stock outstanding24,345,826 23,420,811 23,909,714 23,339,598 Basic net (loss) income per share(1)$(0.02)$(0.50)$0.10 $(0.76)Diluted net (loss) income per share:NumeratorNet (loss) income attributable to Class A common stockholders$(410)$2,464 Reallocation of net loss assuming conversion of common units(2)(446)— Net (loss) income attributable to Class A common stockholders – diluted$(856)$2,464 DenominatorWeighted average shares of Class A common stock outstanding24,345,826 23,909,714 Weighted average effect of dilutive securities(3)8,637,499 913,921 Weighted average shares of Class A common stock outstanding – diluted32,983,325 24,823,635 Diluted net (loss) income per share$(0.03)$0.10 __________________________1.For the three and nine months ended June 30, 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.10,052,017 and 10,079,057 weighted average shares of Class B common stock for the three and nine months ended June 30, 2024, respectively, along with the reallocation of net income assuming conversion of these shares, were excluded because the effect would have been anti-dilutive,b.7,764,984 and 7,981,615 stock options for the three and nine months ended June 30, 202