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Epsilon Energy Ltd.

For the period ended Jun 30, 2026. Filed Aug 12, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 12, 2026

EPSN$5.20+0.6%Stored close · as of Nov 9, 2026

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Contents

12. Net Income Per Share

Basic net income per share is computed on the basis of the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed based upon the weighted-average number of common shares outstanding during the period plus the assumed issuance of common shares for all potentially dilutive securities.

The net income used in the calculation of basic and diluted net income per share is as follows:

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · Three months ended June 30, · ​ · Six months ended June 30,
​​ ​ ​2026​ ​ ​2025​ ​ ​2026​ ​ ​2025
Net income​$7,133,471​$1,551,461​$7,862,896​$5,567,495

In calculating the net income per share, basic and diluted, the following weighted-average shares were used:

​​​​​​​​​
​ · ​ · Three months ended June 30, · ​ · Six months ended June 30,
​​ ​ ​2026​ ​ ​2025​ ​ ​2026​ ​ ​2025
Basic weighted-average number of shares outstanding​30,248,522​22,017,310​30,244,275​22,013,062
Unvested time-based restricted shares166,387185,005125,535142,567
Diluted weighted-average shares outstanding30,414,90922,202,31530,369,81022,155,629

The Company excluded the following shares from the diluted EPS because their inclusion would have been anti-dilutive.

​​​​​​​​​
​ · ​ · Three months ended June 30, · ​ · Six months ended June 30,
​​ ​ ​2026​ ​ ​2025​ ​ ​2026​ ​ ​2025
Anti-dilutive unvested time-based restricted shares​606,863​367,421​651,938​411,203
ContentsView on SEC.gov

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