| Schedule of reconciliation of basic and diluted net income per common share |
The following table presents a reconciliation of basic and diluted net income per common share for the following periods:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Net income (loss) from continuing operations attributable to Tiptree Inc. common shares - basic |
|
$ |
(6,449 |
) |
|
$ |
(10,445 |
) |
|
$ |
(13,588 |
) |
|
$ |
(20,146 |
) |
Net income (loss) from discontinued operations attributable to Tiptree Inc. common shares - basic |
|
|
395,682 |
|
|
|
29,405 |
|
|
|
417,067 |
|
|
|
44,741 |
|
Net income (loss) attributable to Tiptree Inc. common shares - basic |
|
$ |
389,233 |
|
|
$ |
18,960 |
|
|
$ |
403,479 |
|
|
$ |
24,595 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of Dilutive Securities: |
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) from discontinued operations attributable to Tiptree Inc. common shares - basic |
|
$ |
395,682 |
|
|
$ |
29,405 |
|
|
$ |
417,067 |
|
|
$ |
44,741 |
|
Securities of subsidiaries |
|
|
(3,178 |
) |
|
|
(4,404 |
) |
|
|
(2,872 |
) |
|
|
(4,099 |
) |
Net income (loss) from discontinued operations attributable to Tiptree Inc. common shares - diluted |
|
|
392,504 |
|
|
|
25,001 |
|
|
|
414,195 |
|
|
|
40,642 |
|
Net income (loss) attributable to Tiptree Inc. common shares - diluted |
|
$ |
386,055 |
|
|
$ |
14,556 |
|
|
$ |
400,607 |
|
|
$ |
20,496 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares of common stock outstanding - basic |
|
|
37,501,135 |
|
|
|
37,496,875 |
|
|
|
37,644,493 |
|
|
|
37,422,957 |
|
Weighted average number of shares of common stock outstanding - diluted |
|
|
37,501,135 |
|
|
|
37,496,875 |
|
|
|
37,644,493 |
|
|
|
37,422,957 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic: |
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) from continuing operations |
|
$ |
(0.17 |
) |
|
$ |
(0.28 |
) |
|
$ |
(0.36 |
) |
|
$ |
(0.54 |
) |
Net income (loss) from discontinued operations |
|
|
10.55 |
|
|
|
0.78 |
|
|
|
11.08 |
|
|
|
1.20 |
|
Basic Net income (loss) attributable to Tiptree Inc. common shares |
|
$ |
10.38 |
|
|
$ |
0.50 |
|
|
$ |
10.72 |
|
|
$ |
0.66 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted: |
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) from continuing operations |
|
$ |
(0.17 |
) |
|
$ |
(0.28 |
) |
|
$ |
(0.36 |
) |
|
$ |
(0.54 |
) |
Net income (loss) from discontinued operations |
|
|
10.47 |
|
|
|
0.67 |
|
|
|
11.00 |
|
|
|
1.09 |
|
Diluted Net income (loss) attributable to Tiptree Inc. common shares |
|
$ |
10.30 |
|
|
$ |
0.39 |
|
|
$ |
10.64 |
|
|
$ |
0.55 |
|
|