| EARNINGS PER SHARE |
15 - EARNINGS PER SHARE
The computation of basic and dilutive
net loss per share attributable to common stockholders for the year ended December 31, 2025 and 2024, are as follows:
| | |
Years Ended December 31, | |
| | |
2025 | | |
2024 | |
| Basic: | |
| | |
| |
| Numerator: | |
| | |
| |
| Net loss attributable to common shareholders | |
$ | (6,660,038 | ) | |
$ | (47,457,768 | ) |
| Denominator: | |
| | | |
| | |
| Weighted-average common shares outstanding | |
| 42,806,029 | | |
| 25,257,473 | |
| Net loss per share – basic: | |
$ | (0.16 | ) | |
$ | (1.88 | ) |
| Diluted: | |
| | | |
| | |
| Numerator: | |
| | | |
| | |
| Net loss attributable to common and common equivalent shareholders | |
| (6,660,038 | ) | |
| (47,457,768 | ) |
| Denominator: | |
| | | |
| | |
| Weighted-average common stock outstanding | |
| 42,806,029 | | |
| 25,257,473 | |
| Total common and common equivalent shares outstanding | |
| 42,806,029 | | |
| 25,257,473 | |
| Net loss per share – diluted: | |
$ | (0.16 | ) | |
$ | (1.88 | ) |
The weighted average potential shares
of common stock that were excluded from the calculation of net loss per share-diluted for the periods presented because including them
would have been anti-dilutive consisted of the following:
| | |
Years Ended
December 31, | |
| | |
2025 | | |
2024 | |
| Stock options outstanding to purchase shares of common stock and RSUs | |
| 4,356,519 | | |
| - | |
| Public Warrants | |
| 6,384,326 | | |
| 1,906,552 | |
| SPAC Private Placement Warrants | |
| 5,256,218 | | |
| 1,569,665 | |
| Private Veea Warrants | |
| 159,307 | | |
| 47,574 | |
| 2025 Investor Warrants | |
| 2,048,460 | | |
| - | |
| Convertible Notes | |
| 162,799 | | |
| 88,759 | |
The weighted average potential shares
of common stock that were excluded from the calculation of net loss per share-diluted because the performance or market conditions associated
with these awards were not met are as follows for the periods presented:
| | |
Years Ended
December 31, | |
| | |
2025 | | |
2024 | |
| Earn-Out Liability | |
| 4,500,000 | | |
| 1,343,836 | |
|