Company: EXEEZ
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000895126-25-000098
Chunk: 24

Company: EXPAND ENERGY Corp
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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, and approximately $112 million and $114 million of the deferred consideration is reflected within other current assets and approximately $89 million and $188 million of the deferred consideration is reflected within other long-term assets on the condensed consolidated balance sheets as of September 30, 2025 and December 31, 2024, respectively. These installment payments are recorded as receipts of deferred consideration in our condensed consolidated statements of cash flows.During the Current Quarter and Prior Quarter, we amortized approximately $4 million and $7 million, respectively, related to the deferred consideration from the Eagle Ford divestiture transactions. During the Current Period and Prior Period, we amortized approximately $14 million and $23 million, respectively, related to the deferred consideration from the Eagle Ford divestiture transactions. The deferred consideration amortization is recorded within other income, net, in our condensed consolidated statements of operations.

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Table of ContentsEXPAND ENERGY CORPORATION AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)(Unaudited)

3.Earnings Per ShareBasic earnings (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted earnings (loss) per common share is calculated in the same manner but includes the impact of potentially dilutive securities utilizing the treasury stock method. Potentially dilutive securities consists of issuable shares related to warrants, unvested restricted stock units (“RSUs”), and unvested performance share units (“PSUs”).The reconciliations between basic and diluted earnings (loss) per share are as follows:  Three Months Ended September 30,Nine Months Ended September 30,2025202420252024NumeratorNet income (loss), basic and diluted$547 $(114)$1,266 $(315)Denominator (in thousands)Weighted average common shares outstanding, basic238,221 133,794 236,890 131,958 Effect of potentially dilutive securitiesWarrants1,362 — 3,081 — Restricted stock units310 — 351 — Performance share units— — 51 — Weighted average common shares outstanding, diluted239,893 133,794 240,373 131,958 Earnings (loss) per common share:Basic$2.30 $(0.85)$5.34 $(2.39)