Flux Power Holdings, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

NET LOSS PER COMMON SHARE

NET LOSS PER COMMON SHARE

3 Months Ended

Sep. 30, 2026

NOTE 11 – NET LOSS PER COMMON SHARE

The Company calculates basic net loss per common share by dividing net loss by the weighted average number of common shares outstanding during the periods. Potential diluted net loss per common share includes the impact from all dilutive potential common shares relating to outstanding convertible securities.

For the three months ended September 30, 2026 and 2025, basic and diluted weighted-average common shares outstanding were 21,621,807 and 16,835,698, respectively. The Company incurred a net loss for the three months ended September 30, 2026 and 2025 and, therefore, basic and diluted loss per share for the periods were the same because all potentially dilutive common share equivalents would have been anti-dilutive. At September 30, 2026 and 2025, potentially dilutive securities excluded from the calculation of diluted weighted-average common shares outstanding were as follows:

	2026		2025
	As of September 30,
	2026		2025
Stock options		1,060,857		1,213,460
RSUs and PSUs⁽¹⁾		412,376		504,878
Common Stock Warrants convertible to common stock		1,424,768		2,496,198
Preferred Stock Warrants convertible to common stock		2,429,523		2,429,523
Total potentially dilutive securities		5,327,524		6,644,059

⁽¹⁾

PSUs presented include performance stock units with goals that management determined are not probable to be achieved.