Ascent Industries Co. Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

The following table sets forth the computation of basic and diluted income (loss) per share:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share data)	2024		2023		2024		2023
Numerator:
Net loss from continuing operations	$	(7,016)	$	(14,678)	$	(11,309)	$	(26,615)
Net income (loss) from discontinued operations	864		(3,254)		(1,262)		(11,152)
Net loss	$	(6,152)	$	(17,932)	$	(12,571)	$	(37,767)
Denominator:
Weighted-average common shares outstanding	10,114		10,135		10,111		10,151
Effect of dilutive securities:
Employee stock options and stock grants	—		—		—		—
Weighted-average common shares, as adjusted	10,114		10,135		10,111		10,151

Net loss per share from continuing operations:
Basic	$	(0.69)	$	(1.45)	$	(1.12)	$	(2.62)
Diluted	$	(0.69)	$	(1.45)	$	(1.12)	$	(2.62)

Net income (loss) per share from discontinued operations:
Basic	$	0.08	$	(0.32)	$	(0.12)	$	(1.10)
Diluted	$	0.08	$	(0.32)	$	(0.12)	$	(1.10)

Net loss per share:
Basic	$	(0.61)	$	(1.77)	$	(1.24)	$	(3.72)
Diluted	$	(0.61)	$	(1.77)	$	(1.24)	$	(3.72)