v3.26.1
Net Loss Per Share Attributable to Common Stockholders
 12 Months Ended
Dec. 31, 2025
Net Loss Per Share Attributable to Common Stockholders [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

Note 16 - Net Loss Per Share Attributable to Common Stockholders

 

The following table presents the calculation of basic and diluted loss per share attributable to common stockholders (in thousands, except share and per share data):

 

   For the Years Ended
December 31,		 
   2025   2024 
Net loss from continuing operations  $(53,036)  $(28,269)
Net loss from discontinued operations   (15,455)   (7,334)
Net loss   (68,491)   (35,603)
Less: Net (income) loss attributable to noncontrolling interest   (270)   
—
 
Net loss attributable to XTI Aerospace, Inc.   (68,761)   (35,603)
Less: Preferred stock dividends and deemed dividends   (437)   (1,378)
           
Net Loss Attributable to Common Stockholders  $(69,198)  $(36,981)
           
Net loss per share – basic and diluted:          
Continuing operations  $(3.28)  $(129.24)
Discontinued operations  $(0.96)  $(33.54)
Net loss per share  $(4.24)  $(162.78)
           
Weighted Average Shares Outstanding   16,337,782    227,193 

 

Net loss per share from continuing and discontinued operations is calculated based on net loss attributable to common stockholders. Preferred stock dividends and deemed dividends are allocated to continuing and discontinued operations on a proportional basis.

 

Pre-funded warrants outstanding during the period were included in the calculation of basic earnings per share as their exercise price is nominal.

 

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have been anti-dilutive (on an as-converted basis):

 

   For the Years Ended
December 31,		 
   2025   2024 
Options   3,709,764    30,509 
Warrants   10,514,667    1,438 
Convertible Preferred Stock   17,029,717    2 
Noncontrolling Interest – Class B Units   6,524,576    
—
 
Convertible Notes   
—
    997 
Total   37,778,724    32,946