| Computation of Diluted Loss Per Share |
The following table summarizes the calculation of weighted average shares of Class A common stock outstanding used in the computation of diluted earnings (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | (in thousands, except per share amounts) | | | | | | | | | Net income (loss) attributable to Infinity Natural Resources, Inc. | $ | 31,752 | | $ | 17,988 | | $ | 29,887 | | $ | (16,581) | | Less | | | | | | | | | Series A Preferred Stock cumulative undeclared dividends | (6,511) | | — | | (9,612) | | — | | | | | | | | | | Net income attributable to Infinity Natural Resources, Inc. - basic and diluted | $ | 25,241 | | $ | 17,988 | | $ | 20,275 | | $ | (16,581) | | | | | | | | | | Weighted average number of shares of Class A common stock outstanding: | | | | | | | | | Basic | 18,711,659 | | 15,237,500 | | 18,190,162 | | 15,237,500 | | Effect of dilutive securities: | | | | | | | | | | | | | | | | | RSUs | 683,511 | | — | | 571,936 | | — | | Series A Preferred Stock | 16,812,155 | | — | | 11,796,374 | | | | Diluted | 36,207,325 | | 15,237,500 | | 30,558,472 | | 15,237,500 | | | | | | | | | | Net income (loss) available to holders of Class A common stock per share | | | | | | | | | Basic | $ | 1.35 | | $ | 1.18 | | $ | 1.11 | | $ | (1.09) | | Diluted | $ | 0.88 | | $ | 1.18 | | $ | 0.98 | | $ | (1.09) |
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