| 7. | BASIC
AND DILUTED LOSS PER SHARE |
Basic
loss per share is computed by dividing the net 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 loss per share.
SCHEDULE OF BASIC AND DILUTED LOSS PER SHARE
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
Three
Months Ended September 30, | | |
Nine
Months Ended September 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Weighted-average
numbers of Common Shares - basic | |
| 218,996 | | |
| 196,668 | | |
| 216,262 | | |
| 188,864 | |
| Effect of Dilutive Securities: | |
| | | |
| | | |
| | | |
| | |
| RSUs | |
| - | | |
| - | | |
| - | | |
| - | |
| Options | |
| - | | |
| - | | |
| - | | |
| - | |
| Weighted-average numbers
of Common Shares - diluted | |
| 218,996 | | |
| 196,668 | | |
| 216,262 | | |
| 188,864 | |
| Loss per share | |
| | | |
| | | |
| | | |
| | |
| Basic loss per share | |
$ | (0.00 | ) | |
$ | (0.01 | ) | |
$ | (0.02 | ) | |
$ | (0.11 | ) |
| Diluted loss per share | |
$ | (0.00 | ) | |
$ | (0.01 | ) | |
$ | (0.02 | ) | |
$ | (0.11 | ) |
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
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
Three
Months Ended September 30, | | |
Nine
Months Ended September 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Options | |
| 11,381 | | |
| 15,662 | | |
| 11,381 | | |
| 15,662 | |
| RSU | |
| 17,396 | | |
| 27,097 | | |
| 17,396 | | |
| 27,097 | |
| Total | |
| 28,777 | | |
| 42,759 | | |
| 28,777 | | |
| 42,759 | |
THE
REAL BROKERAGE INC.
NOTES
TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR
THE PERIOD ENDED SEPTEMBER 30, 2025 AND 2024
UNAUDITED
|