Net Loss Per Share

12 Months Ended

Dec. 31, 2024

Net Loss Per Share

Net Loss Per Share

16.        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. As the Company’s pre-funded warrants are issuable for little to no consideration and do not contain any conditions that must be satisfied for the holder to receive the shares, pre-funded warrants are included in the computation of basic and diluted net loss per share.

For the years ended December 31, 2024 and 2023, 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 the Company.:

	For the Year Ended
	December 31,
	2024		2023
Net loss from continuing operations	$	(34,327,788)	$	(41,762,479)
Net loss from discontinued operations		—		(5,070,707)
Net loss		(34,327,788)		(46,833,186)
Net loss - non-controlling interest		(1,519,945)		(1,616,018)
Net loss attributable to Scorpius Holdings, Inc.	$	(32,807,843)	$	(45,217,168)
Weighted-average common shares outstanding, basic and diluted
Common shares		2,045,278		130,120
Pre-funded warrants		470,464		—
Weighted-average common shares outstanding, basic and diluted		2,515,742		130,120
Net loss per share, basic and diluted - continuing operations	$	(13.04)	$	(308.53)
Net loss per share, basic and diluted - discontinued operations		—		(38.97)
Net loss per common share attributable to Scorpius Holdings, Inc., basic and diluted	$	(13.04)	$	(347.50)

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

	For the Year Ended
	2024	2023
Outstanding stock options	62,316	63,560
Restricted stock subject to forfeiture and restricted stock units	—	1,250
Outstanding common stock warrants	13,688,001	—