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Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Calculations of Net Loss Per Common Share

Calculations of net loss per common share were as follows (in thousands, except per share amounts):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net loss

 

$

(14,124

)

 

$

(24,917

)

 

$

(51,898

)

 

$

(33,165

)

Basic weighted average common shares outstanding

 

 

41,873

 

 

 

41,322

 

 

 

41,551

 

 

 

41,203

 

Diluted weighted average common shares outstanding

 

 

41,873

 

 

 

41,322

 

 

 

41,551

 

 

 

41,203

 

Net loss per common share attributable to Mesa Air Group:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.34

)

 

$

(0.60

)

 

$

(1.25

)

 

$

(0.80

)

Diluted

 

$

(0.34

)

 

$

(0.60

)

 

$

(1.25

)

 

$

(0.80

)

Number of Weighted-Average Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Share

The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted net loss per share because the effect of including such potentially dilutive shares would have been anti-dilutive:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Warrants

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

32

 

 

 

 

 

 

91

 

 

 

 

 

 

32

 

 

 

 

 

 

91