v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of the reconciliation of basic and diluted loss per share

The following table sets forth the reconciliation of basic and diluted loss per share for the three and six months ended June 30, 2025 and 2024 (in thousands except per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net loss attributable to Scilex Holding Company

 

$

(42,308

)

 

$

(37,582

)

 

$

(68,388

)

 

$

(61,959

)

Deemed dividend for anti-dilution adjustments to Penny Warrants upon Reverse Stock Split

 

 

(43,753

)

 

 

 

 

 

(43,753

)

 

 

 

Net loss for basic and diluted loss per share attributable to common stockholders

 

$

(86,061

)

 

$

(37,582

)

 

$

(112,141

)

 

$

(61,959

)

Weighted average number of shares outstanding

 

 

5,095

 

 

 

3,232

 

 

 

5,080

 

 

 

3,014

 

Weighted average common stock warrants exercisable for nominal consideration

 

 

6,500

 

 

 

1,669

 

 

 

6,500

 

 

 

985

 

Weighted average number of shares, basic and diluted

 

 

11,595

 

 

 

4,901

 

 

 

11,580

 

 

 

3,999

 

Loss per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(7.42

)

 

$

(7.67

)

 

$

(9.68

)

 

$

(15.49

)