Epsilon Energy Ltd.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
View on SEC.govAbout 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, 2025 · Filed Aug 13, 2025
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13. 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, | ||||||||
| · 2025 · 2024 · 2025 · 2024 | ||||||||
| Net income | | $1,551,461 | | $815,660 | | $5,567,495 | | $2,322,556 |
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, | ||||||||
| · 2025 · 2024 · 2025 · 2024 | ||||||||
| Basic weighted-average number of shares outstanding | | 22,017,310 | | 21,921,752 | | 22,013,062 | | 21,957,980 |
| Unvested time-based restricted shares | 185,005 | 107,723 | 142,567 | 29,162 | ||||
| Diluted weighted-average shares outstanding | 22,202,315 | 22,029,475 | 22,155,629 | 21,987,142 | ||||
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, | ||||||||
| · 2025 · 2024 · 2025 · 2024 | ||||||||
| Anti-dilutive unvested time-based restricted shares | | 367,421 | | 492,463 | | 411,203 | | 512,389 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.