| EARNINGS (LOSS) PER SHARE |
NOTE
7. EARNINGS (LOSS) PER SHARE
Basic
earnings per common share (“EPS”) applicable to common stockholders is computed by dividing earnings applicable to common
stockholders by the weighted-average number of common shares outstanding.
If
there is a loss from operations, diluted EPS is computed in the same manner as basic EPS is computed. Similarly, if the Company has net
income but its preferred dividend adjustment made in computing income available to common stockholders results in a net loss available
to common stockholders, diluted EPS would be computed in the same manner as basic EPS.
The
following table sets forth the computation of basic and diluted net loss per common share:
SCHEDULE
OF CALCULATIONS OF BASIC AND DILUTED EPS
| | |
Three Months Ended | | |
Three Months Ended | |
| | |
June 30, 2026 | | |
June 30, 2025 | |
| Net loss attributable to Reliance Global Group, Inc. | |
$ | (1,991,371 | ) | |
$ | (2,710,901 | ) |
| Less: deemed dividend adjustment | |
| - | | |
| - | |
| Net loss, numerator, basic computation | |
| (1,991,371 | ) | |
| (2,710,901 | ) |
| Net loss, numerator, dilutive computation | |
$ | (1,991,371 | ) | |
$ | (2,710,901 | ) |
| | |
| | | |
| | |
| Weighted average common shares, basic | |
| 610,289 | | |
| 79,962 | |
| Weighted average common shares, dilutive | |
| 610,289 | | |
| 79,962 | |
| Loss per common share – basic | |
$ | (3.26 | ) | |
$ | (33.90 | ) |
| Loss per common share – diluted | |
$ | (3.26 | ) | |
$ | (33.90 | ) |
| | |
Six Months Ended | | |
Six Months Ended | |
| | |
June 30, 2026 | | |
June 30, 2025 | |
| Net loss attributable to Reliance Global Group, Inc. | |
$ | (3,462,539 | ) | |
$ | (4,447,786 | ) |
| Less: deemed dividend adjustment | |
| (130,910 | ) | |
| - | |
| Net loss, numerator, basic computation | |
| (3,593,449 | ) | |
| (4,447,786 | ) |
| Net loss, numerator, dilutive computation | |
$ | (3,593,449 | ) | |
$ | (4,447,786 | ) |
| | |
| | | |
| | |
| Weighted average common shares, basic | |
| 518,257 | | |
| 72,680 | |
| Weighted average common shares, dilutive | |
| 518,257 | | |
| 72,680 | |
| Loss per common share – basic | |
$ | (6.93 | ) | |
$ | (61.20 | ) |
| Loss per common share – diluted | |
$ | (6.93 | ) | |
$ | (61.20 | ) |
Additionally,
the following are considered anti-dilutive securities excluded from weighted-average shares used to calculate diluted net loss per common
share:
SCHEDULE
OF DILUTIVE NET LOSS PER COMMON SHARE
| | |
June 30, 2026 | | |
June 30, 2025 | |
| | |
As of June 30, | |
| | |
2026 | | |
2025 | |
| Shares subject to outstanding Series A warrants | |
| - | | |
| 166 | |
| Shares subject to outstanding PAW’s | |
| 24 | | |
| 24 | |
| Shares subject to PA Warrants | |
| 77 | | |
| 77 | |
| Shares subject to Outstanding Series J Warrants | |
| 74,405 | | |
| 74,405 | |
| Shares subject to Outstanding Series J PAW’s | |
| 2,604 | | |
| 2,604 | |
| Shares subject to outstanding Series K Warrants | |
| 292,824 | | |
| - | |
| Shares subject to outstanding Series K PAWs | |
| 12,963 | | |
| - | |
| Shares subject to unvested stock awards | |
| 288,750 | | |
| 17,253 | |
| Shares subject to outstanding | |
| 288,750 | | |
| 17,253 | |
|