BASIC AND DILUTED EARNINGS (LOSS) PER SHARE |
7.
BASIC AND DILUTED EARNINGS (LOSS) PER SHARE
Basic
earnings (loss) per share is computed by dividing the income available to common shareholders for the period by the weighted average
number of common shares of the Company (“Common Shares”) outstanding during the period. Diluted earnings (loss) per
share is computed by dividing net income available to common shareholders less any preferred dividends for the period by the weighted
average number of Common Shares outstanding plus any potentially dilutive securities outstanding during the period. The Company uses
the treasury stock method to reflect the potential dilutive effect of unvested RSUs and unexercised stock options. The Company does not
pay dividends or have participating shares outstanding.
The
following table outlines the number of Common Shares (in thousands) and basic and diluted earnings (loss) per share.
SCHEDULE OF BASIC AND DILUTED LOSS PER SHARE
| |
June 30, 2025 | | |
June 30, 2024 | | |
June 30, 2025 | | |
June 30, 2024 | |
| |
For the Three Months Ended | | |
For the Six Months Ended | |
| |
June 30, 2025 | | |
June 30, 2024 | | |
June 30, 2025 | | |
June 30, 2024 | |
Weighted-average numbers of Common Shares - basic | |
| 214,787 | | |
| 189,046 | | |
| 213,738 | | |
| 186,568 | |
Effect of Dilutive Securities: | |
| | | |
| | | |
| | | |
| | |
RSUs | |
| 8,445 | | |
| - | | |
| - | | |
| - | |
Options | |
| 10,134 | | |
| - | | |
| - | | |
| - | |
Weighted-average numbers of Common Shares - diluted | |
| 233,366 | | |
| 189,046 | | |
| 213,738 | | |
| 186,568 | |
Earnings (Loss) per share | |
| | | |
| | | |
| | | |
| | |
Basic earnings (loss) per share | |
$ | 0.01 | | |
$ | (0.01 | ) | |
$ | (0.02 | ) | |
$ | (0.09 | ) |
Diluted earnings (loss) per share | |
$ | 0.01 | | |
$ | (0.01 | ) | |
$ | (0.02 | ) | |
$ | (0.09 | ) |
The
following potential ordinary shares (in thousands) are anti-dilutive and are therefore excluded from the weighted average number of ordinary
shares for the purpose of diluted earnings per share.
SCHEDULE OF ANTI -DILUTIVE WEIGHTED AVERAGE LOSS PER SHARE
| |
June 30, 2025 | | |
June 30, 2024 | | |
June 30, 2025 | | |
June 30, 2024 | |
| |
For the Three Months Ended | | |
For the Six Months Ended | |
| |
June 30, 2025 | | |
June 30, 2024 | | |
June 30, 2025 | | |
June 30, 2024 | |
Options | |
| 70 | | |
| 18,787 | | |
| 13,737 | | |
| 18,787 | |
RSU | |
| — | | |
| 25,551 | | |
| 17,010 | | |
| 25,551 | |
Total | |
| 70 | | |
| 44,338 | | |
| 30,747 | | |
| 44,338 | |
THE
REAL BROKERAGE INC.
NOTES
TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR
THE PERIOD ENDED JUNE 30, 2025 AND 2024
UNAUDITED
|