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Loss Per Share
6 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Loss Per Share Note 10 – Loss Per Share
Basic net loss per share applicable to common stockholders is computed by dividing earnings applicable to common
stockholders by the weighted average number of common shares outstanding. Diluted loss per share assumes the
conversion of any convertible securities using the treasury stock method.
The computations for basic and diluted loss per share are as follows:
Three months ended December 31,
Six months ended December 31,
2024
2023
2024
2023
Numerator:
Net loss after income tax attributable to
Tamboran Resources Corporation stockholders
$(14,166,946)
$(6,026,331)
$(20,061,520)
$(9,216,029)
Denominator:
Weighted average number of common stock
outstanding, basic and diluted
14,346,556
8,735,752
14,236,753
8,612,217
Net loss per share, basic and diluted
$(0.987)
$(0.690)
$(1.409)
$(1.070)
The Company’s potentially dilutive shares, which include outstanding milestone options and RSUs, have not been
included in the computation of diluted net loss per share for the three months and six months ended December 31, 2024,
and 2023 as the result would be anti-dilutive.