| Schedule of Computation of Basic and Diluted Earnings Per Share |
The
following table sets forth the computation of basic and diluted earnings per share:
Schedule of Computation of Basic and Diluted Earnings Per Share
| | |
2026 | |
|
2025 | | |
2026 | |
|
2025 | | |
2025 | |
| | |
Successor | |
|
Predecessor | | |
Successor | |
|
Predecessor | |
| | |
Three months
ended
January 31, | |
|
Three months
ended
January 31, | | |
Period from, 2025
June 7 through
January 31, | |
|
Period from
May 1 through
June 6, | | |
Nine months
ended
January 31, | |
| | |
2026 | |
|
2025 | | |
2026 | |
|
2025 | | |
2025 | |
| | |
As Restated | |
|
| | |
As Restated | |
|
| | |
| |
| Basic earnings per share: | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Numerator: | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Net income/(loss) available to common shareholders - basic | |
$ | (106,572,140 | ) |
|
| 773,317 | | |
$ | 171,222,236 | |
|
$ | 19,013 | | |
| 1,773,357 | |
| Denominator: | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Weighted-average number of common shares outstanding – basic | |
| 55,556,553 | |
|
| 1,410 | | |
| 42,472,676 | |
|
| 1,410 | | |
| 1,410 | |
| Basic earnings per common share | |
$ | (1.92 | ) |
|
$ | 548.45 | | |
$ | 4.03 | |
|
$ | 13.48 | | |
$ | 1,257.70 | |
| | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Diluted earnings per share: | |
| | |
|
| - | | |
| | |
|
| | | |
| - | |
| Numerator: | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Net income/(loss) available to common shareholders - basic | |
$ | (106,572,140 | ) |
|
$ | 773,317 | | |
$ | 171,222,236 | |
|
$ | 19,013 | | |
| 1,773,357 | |
| Add: Interest and discount amortization on convertible notes | |
| - | |
|
| - | | |
| 37,191 | |
|
| - | | |
| - | |
| Net income available to common shareholders - dilutive | |
$ | (106,572,140 | ) |
|
$ | 773,317 | | |
$ | 171,259,427 | |
|
$ | 19,013 | | |
$ | 1,773,357 | |
| Denominator: | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Weighted-average number of common shares outstanding – basic | |
| 55,556,553 | |
|
| 1,410 | | |
| 42,472,676 | |
|
| 1,410 | | |
| 1,410 | |
| Add: dilutive securities | |
| | |
|
| | | |
| | |
|
| | | |
| | |
| Warrants | |
| - | |
|
| - | | |
| 91,161 | |
|
| - | | |
| - | |
| Stock options | |
| - | |
|
| - | | |
| 1,007 | |
|
| - | | |
| - | |
| RSUs | |
| - | |
|
| - | | |
| 392 | |
|
| - | | |
| - | |
| Convertible note | |
| - | |
|
| - | | |
| 41,463 | |
|
| - | | |
| - | |
| Weighted-average number of common shares outstanding - diluted | |
| 55,556,553 | |
|
| 1,410 | | |
| 42,606,699 | |
|
| 1,410 | | |
| 1,410 | |
| Diluted earnings per common share | |
$ | (1.92 | ) |
|
$ | 548.45 | | |
$ | 4.02 | |
|
$ | 13.48 | | |
$ | 1,257.70 | |
|
| Schedule of Computation Diluted Income Per Common Share |
The
following table summarizes the securities that were not included in the computation of diluted income per common share as they are anti-dilutive:
Schedule of Computation Diluted Income Per Common Share
| | |
Period from
November 1, 2025 through
January 31, 2026 | | |
Period from
June 7 through
January 31, 2026 | |
| | |
Successor | |
| | |
Period
from
November
1, 2025 through
January
31, 2026 | | |
Period
from
June
7 through
January
31, 2026 | |
| Unvested RSUs | |
| 1,330 | | |
| 1,330 | |
|