Quarterly report [Sections 13 or 15(d)]

Earnings (Loss) Per Share

v3.26.1
Earnings (Loss) Per Share
3 Months Ended
Mar. 29, 2026
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

Note 10 – Earnings (Loss) Per Share

Basic loss per share is computed using the weighted average number of common shares outstanding during the period and net loss available to common stockholders. Diluted loss per share is computed using the weighted average number of common shares outstanding during the period plus the dilutive effect of potential shares of common stock including common stock issuable pursuant to stock options, warrants, and restricted stock units. The two-class method for computing earnings per share will be utilized when applicable.

For the three periods ended March 29, 2026 and March 30, 2025, the net loss per share was calculated as follows (in thousands, except net loss per share and related share data):

  ​ ​ ​

For the three periods ended March 29,

For the three periods ended March 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

Net income attributable to The ONE Group Hospitality, Inc.

$

3,202

$

975

Series A Preferred Stock paid-in-kind dividend and accretion

(9,395)

(7,591)

Net loss available to common stockholders

(6,193)

(6,616)

 

  ​

 

Basic weighted average shares outstanding

 

31,282,911

 

31,045,156

Dilutive effect of stock options, warrants and restricted share units

 

 

Diluted weighted average shares outstanding

 

31,282,911

 

31,045,156

 

  ​

 

  ​

Basic net loss per common share

$

(0.20)

$

(0.21)

Diluted net loss per common share

$

(0.20)

$

(0.21)

For the three periods ended March 29, 2026 and March 30, 2025, 3.5 million and 3.3 million, respectively, of stock options, warrants and restricted share units were determined to be anti-dilutive and were therefore excluded from the calculation of diluted earnings per share.