v3.26.1
Loss Per Share
 9 Months Ended
Apr. 30, 2026
Loss Per Share [Abstract]  
LOSS PER SHARE

NOTE 14 – LOSS PER SHARE

 

Basic loss per share is computed by dividing net loss attributable to all classes of common stockholders of the Company by the weighted average number of shares of all classes of common stock outstanding during the applicable period. Diluted loss per share includes potentially dilutive securities such as stock options, unvested restricted stock, warrants to purchase common stock and other convertible instruments unless the result of inclusion would be anti-dilutive.

 

The following table summarizes the Company’s potentially dilutive securities which have been excluded from the calculation of dilutive loss per share as their effect would be anti-dilutive:

 

   Three Months Ended
April 30,		   Nine Months Ended
April 30,		 
   2026   2025   2026   2025 
Shares issuable upon exercise of stock options   1,676,670    1,033,409    1,676,670    1,033,409 
Shares issuable upon vesting of restricted stock   418,398    578,578    418,398    578,578 
Shares issuable upon exercise of warrants   645,191    1,087,100    645,191    1,087,100 
    2,740,259    2,699,087    2,740,259    2,699,087 

 

The diluted loss per share computation equals basic loss per share for the three and nine months ended April 30, 2026 and 2025, because the Company had a net loss in both such periods and the impact of the assumed vesting of restricted shares, exercise of stock options and exercise of warrants would have been anti-dilutive.

 

The following table summarizes the basic and diluted loss per share calculations (in thousands, except for share and per share amounts):

 

   Three Months Ended
April 30,		   Nine Months Ended
April 30,		 
   2026   2025   2026   2025 
Numerator:                
Net loss  $(2,898)  $(4,051)  $(19,022)  $(18,589)
Net income (loss) attributable to noncontrolling interests   1,328    728    1,437    (163)
Net loss attributable to Rafael Holdings, Inc.  $(4,226)  $(4,779)  $(20,459)  $(18,426)
                     
Denominator:                    
Weighted average diluted shares   51,229,576    25,238,501    51,327,943    25,131,655 
                     
Loss per share attributable to common stockholders                    
Basic and diluted  $(0.08)  $(0.19)  $(0.40)  $(0.73)