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TELOS CORP

For the period ended Dec 31, 2025. Filed Mar 16, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 16, 2026

TLS$7.17+48.8%Stored close · as of Nov 9, 2026

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Contents

. Loss Per Share

  1. LOSS PER SHARE

For the period of net loss, potentially dilutive securities are not included in the calculation of diluted net (loss)/earnings per share because to do so would be anti-dilutive.

Table 15.1: Potentially Dilutive Securities
For the Year Ended December 31,
20252024
(in thousands)
Weighted-average number of shares – unvested RSUs, PSUs and stock options4,253834

As of December 31, 2025, and 2024, PSUs of 8,441,163 and 10,683,230, respectively, have been excluded in the calculation of the potentially dilutive securities above because issuance of such shares are contingent upon the satisfaction of certain conditions which were not satisfied by the end of the reporting period or the shares were antidilutive.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.