v3.26.1
LOSS PER SHARE
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
LOSS PER SHARE

8. LOSS PER SHARE

 

A summary of the numerator and denominator of the basic and diluted loss per share attributable to ordinary shareholders is presented below (dollars in thousands except per share amounts):

 

         
   Years ended December 31 
   2025   2024 
         
Numerator:          
Net loss attributable to ordinary shareholders  $(2,079)   (2,726)
           
Denominator:          
Weighted average shares - basic   7,389,822    6,099,051 
Weighted average shares - diluted   7,389,822    6,099,051 
Loss per share - basic  $(0.28)   (0.45)
Loss earnings per share - diluted  $(0.28)   (0.45)

 

For the year ended December 31, 2025, 451,250 options to purchase 451,250 ordinary shares were anti-dilutive due to the net losses during the year.

 

For the year ended December 31, 2024, 846,250 options to purchase 846,250 ordinary shares were anti-dilutive due to the net losses during this period. See Note 11.

 

For the year ended December 31, 2025, 1,411,768 warrants to purchase an aggregate of 1,411,768 ordinary shares were anti-dilutive due to the net losses during this period. See Note 9.

 

For the years ended December 31, 2025 and 2024, 8,230,700 warrants to purchase an aggregate of 8,230,700 ordinary shares were anti-dilutive due to the net losses during this period. See Note 9.

 

GAAP requires the Company to use the two-class method in computing basic loss per share since holders of the Company’s restricted stock have the right to share in dividends, if declared, equally with common stockholders. These participating securities effect the computation of both basic and diluted loss per share during the years ended December 31, 2025 and 2024.

 

 

OXBRIDGE RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes to Consolidated Financial Statements, Continued