v3.26.1
BASIC AND DILUTED NET EARNINGS (LOSS) PER COMMON STOCK
6 Months Ended
Jun. 30, 2026
BASIC AND DILUTED NET EARNINGS (LOSS) PER COMMON STOCK  
BASIC AND DILUTED NET EARNINGS (LOSS) PER COMMON STOCK

NOTE 14: -  BASIC AND DILUTED NET EARNINGS (LOSS) PER COMMON STOCK

The Company computes net loss per share of Common Stock using the two-class method. Basic and diluted net earnings or loss per share is computed using the weighted-average number of shares outstanding during the period. This calculation includes the total weighted average number of the Common Stock, which includes prefunded warrants.

The total number of potential shares of Common Stock related to outstanding options, warrants and preferred shares excluded from the calculations of diluted net loss per share due to their anti-dilutive effect were 919,809 and 919,809 for the three and six months ended June 30, 2026, respectively, and for the three and six months ended June 30 2025, 3,924,485 and 3,751,085 respectively.

The following table sets forth the computation of the Company’s basic net earnings (loss) per Common Stock:

Three months ended

Six months ended

June 30,

June 30,

2026

2025

2026

2025

Net loss

$

7,923,773

$

12,989,626

$

16,172,502

$

22,216,789

Deemed dividend

5,572,391

10,411,013

Less: loss attributable to participating preferred stock

9,783,141

16,856,888

Net loss attributable to common stock shareholders used in computing basic net loss per share

$

7,923,773

$

8,778,876

$

16,172,502

$

15,770,914

Weighted average number of common stock used in computing basic loss per share

9,343,618

2,481,548

9,238,133

2,425,039

Basic and diluted net loss per common stock

$

0.85

$

3.54

$

1.75

$

6.50