Net Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Earnings Per Share, Basic and Diluted

The Company has calculated the basic and diluted earnings per share during the three months ended March 31, 2026 and 2025 as follows (in thousands, except per share data):


	Three Months Ended March 31,
	2026		2025
Numerator:
Net loss attributable to CaliberCos Inc.	$	(3,619)	$	(4,407)

Convertible debt interest	—		21

Net loss attributable to common shareholders of CaliberCos Inc.	$	(3,619)	$	(4,386)
Denominator:





Weighted average shares outstanding - basic and diluted	7,000		1,146

Basic and diluted net loss per share attributable to common shareholders	$	(0.52)	$	(3.85)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes these potential exercises and conversions during the three months ended March 31, 2026 and 2025, which have been excluded from the computation of diluted earnings per share attributable to common shareholders (in thousands):


	Three Months Ended March 31,
	2026	2025
Additional common shares, if stock options were exercised	92	115
Additional common shares, if warrants were exercised	129	(60)
Additional common shares, if preferred shares were converted	6,255	145
Additional common shares, if convertible debt were converted	10	17
	6,486	217