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Loss Per Share
3 Months Ended
Sep. 30, 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 September 30,
2024
2023
Numerator:
Net loss after income tax attributable to Tamboran Resources Corporation
stockholders
$(5,894,574)
$(3,189,698)
Denominator:
Weighted average number of common stock outstanding, basic and diluted
14,124,788
8,486,578
Net loss per share, basic and diluted
$(0.417)
$(0.376)
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 ended September 30, 2024, and 2023 as the
result would be anti-dilutive.