Net Loss Per Share

12 Months Ended

Dec. 31, 2023

Net Loss Per Share

Net Loss Per Share

17.        Net Loss Per Share

Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the periods. Fully diluted net loss per common share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the periods. Common equivalent shares consist of stock options, restricted stock units, and warrants that are computed using the treasury stock method.

For the years ended December 31, 2023 and 2022, all of the Company’s common stock options, unvested restricted stock units and warrants are anti-dilutive and therefore have been excluded from the diluted net loss per common share calculation.

The following table reconciles net loss to net loss attributable to Scorpius Holdings, Inc.:

	For the Years Ended
	December 31,
	2023		2022
Net loss from continuing operations	$	(41,762,479)	$	(41,375,067)
Net loss from discontinued operations		(5,070,707)		(2,487,130)
Net loss		(46,833,186)		(43,862,197)
Net loss-Non-controlling interest		(1,616,018)		(427,491)
Net loss attributable to Scorpius Holdings, Inc.	$	(45,217,168)	$	(43,434,706)
Weighted-average common shares outstanding, basic and diluted		26,046,594		25,606,326
Net loss per share, basic and diluted - continuing operations	$	(1.54)	$	(1.60)
Net loss per share, basic and diluted - discontinued operations		(0.19)		(0.10)
Net loss per common share attributable to Scorpius Holdings, Inc., basic and diluted	$	(1.74)	$	(1.70)

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:

	2023	2022
Outstanding stock options	6,438,931	7,036,874
Restricted stock subject to forfeiture and restricted stock units	250,000	34,001
Outstanding common stock warrants	—	747,383