Note 16 – Earnings Per Share
The following table sets forth the computation of basic and diluted earnings
per share for the periods presented:
| Schedule of computation of basic and diluted earnings per share | |
| | | |
| | |
| | |
Year Ended June 30, | |
| | |
2026 | | |
2025 | |
| Numerator: | |
| | | |
| | |
| Net loss attributable to iPower Inc. | |
$ | (11,622,242 | ) | |
$ | (4,968,288 | ) |
| | |
| | | |
| | |
| Denominator: | |
| | | |
| | |
| Weighted-average shares used in computing basic and diluted earnings per share* | |
| 33,671 | | |
| 14,558 | |
| | |
| | | |
| | |
| Losses per share of ordinary shares from continuing operations - basic and diluted | |
$ | (398.24 | ) | |
$ | (366.80 | ) |
| Losses per share of ordinary shares from discontinued operations - basic and diluted | |
| 53.08 | | |
| 25.52 | |
| Earnings (losses) per share of ordinary shares - basic and diluted | |
$ | (345.16 | ) | |
$ | (341.28 | ) |
| * |
Due to the anti-dilutive effect, the computation of basic and diluted EPS did not include the shares underlying the exercise of warrants, options, and unvested RSUs as the Company had a net loss for the years ended June 30, 2026 and 2025. |
| |
|
| * |
For the year ended June 30, 2025, 36 vested but unissued shares of
restricted stock units under the 2020 Equity Incentive Plan (as discussed in Note 17) are considered issued shares and therefore
included in the computation of basic earnings (losses) per share when the shares are fully vested. |
|