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, 2026 and 2025:
SCHEDULE OF BASIC AND DILUTED NET LOSS AVAILABLE TO COMMON STOCKHOLDERS PER SHARE
| | |
Three
Months Ended
March 31, 2026 | | |
Three
Months Ended
March 31, 2025 | |
| Net loss attributable
to FOXO | |
$ | (1,451,973 | ) | |
$ | (616,458 | ) |
| Deemed
dividends from the issuances of preferred stock and triggers of down round provisions and extension of Assumed Warrants | |
| - | | |
| (172,125 | ) |
| Net loss to common stockholders | |
| (1,451,973 | ) | |
| (788,583 | ) |
| Preferred
stock dividends – undeclared | |
| (284,772 | ) | |
| (314,909 | ) |
| Net loss to common stockholders,
net of preferred stock dividends – undeclared | |
$ | (1,736,745 | ) | |
$ | (1,103,492 | ) |
| Basic and diluted weighted
average number of shares of Class A Common Stock | |
| 3,112,449,040 | | |
| 1,506,959 | |
| Basic and diluted net loss
per share available to Class A Common Stock | |
$ | (0.00 | ) | |
$ | (0.73 | ) |
|