The following table sets forth the calculation of
basic and diluted loss per share for the periods presented based on the weighted average number of shares of the Company’s Class
A Common Stock outstanding during the three months ended March 31, 2025 and 2024:
SCHEDULE OF BASIC AND DILUTED NET LOSS AVAILABLE TO COMMON STOCKHOLDERS PER SHARE
| | |
2025 | | |
2024 | |
| Net loss attributable to FOXO | |
$ | (616,458 | ) | |
$ | (1,503,990 | ) |
| Deemed dividends from the issuances of preferred stock and the triggers of down round provisions and extension of Assumed Warrants | |
| (172,125 | ) | |
| (656,164 | ) |
| Net loss to common stockholders | |
| (788,583 | ) | |
| (2,160,154 | ) |
| Preferred stock dividends – undeclared | |
| (314,909 | ) | |
| - | |
Net loss to common stockholders, net of preferred stock dividends –
undeclared | |
$ | (1,103,492 | ) | |
$ | (2,160,154 | ) |
| Basic and diluted weighted average number of shares of Class A Common Stock | |
| 1,506,959 | | |
| 448,117 | |
| Basic and diluted net loss per share available to Class A Common Stock | |
$ | (0.73 | ) | |
$ | (4.82 | ) |
|