Net Income (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2025

Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share amounts):


	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2025		2024			2025		2024

Numerator:
Net income (loss) attributable to Vicor Corporation	$	41,192	$	(1,196	)	$	43,731	$	(15,669	)
Denominator:
Denominator for basic net income (loss) per share – weighted average shares (1)		45,007		44,855			45,112		44,686
Effect of dilutive securities:
Employee stock options (2)		70		—			174		—
Denominator for diluted net income (loss) per share – adjusted weighted-average shares and assumed conversions		45,077		44,855			45,286		44,686

Basic net income (loss) per share	$	0.92	$	(0.03	)	$	0.97	$	(0.35	)
Diluted net income (loss) per share	$	0.91	$	(0.03	)	$	0.97	$	(0.35	)

(1)

Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding.

(2)

Options to purchase 2,170,585 and 1,353,021 shares of Common Stock for the three and six months ended June 30, 2025, respectively, were not included in the calculation of net income per share as the effect would have been antidilutive. Options to purchase 3,083,375 shares of Common Stock for each of the three and six months ended June 30, 2024 were not included in the calculation of net loss per share as the effect would have been antidilutive.

VICOR CORP 10-Q