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NET LOSS PER SHARE
12 Months Ended
Dec. 31, 2024
NET LOSS PER SHARE  
NET LOSS PER SHARE

18.NET LOSS PER SHARE

The Series A and Series B Preferred Stock does not have similar economic rights to the common stock and management does not consider them to be in substance common shares for earnings per share (“EPS”) purposes. As a result, the weighted average Series A and Series B Preferred Stock outstanding during the period was not included in the calculation of weighted average common stock outstanding. The warrants were considered in diluted EPS under the treasury stock method, if dilutive.

Management determined that EPS was not presented for periods prior to the Merger as it was not considered to be meaningful.

The computation of loss per share and weighted average of the Company’s common stock outstanding for the period from the date of transaction close through December 31, 2024 is as follows (in thousands):

    

For the year ended

December 31, 2024

Net loss attributable to Binah Capital Group, Inc.

$

(5,292)

Basic and diluted weighted average shares outstanding, common stock

 

16,593

Basic and diluted loss per share of common stock

$

(0.32)

The following table details the securities that have been excluded from the calculation of weighted-average shares for diluted earnings per share for the period presented as they were anti-dilutive (in thousands).

Warrants

    

15,148