EARNING (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2026

Total net income (loss) per share attributed to shareholders:

EARNING (LOSS) PER SHARE

NOTE 11: EARNING (LOSS) PER SHARE

Basic net earnings (loss) per share is computed by dividing net earnings (loss) attributable to ordinary shareholders of Quantum X Labs Inc. by the weighted average number of shares of common stock outstanding for the reporting periods.

Diluted net earnings (loss) per share is computed by dividing net earnings (loss) attributable to ordinary shareholders of Quantum X Labs Inc including adjustment of the interest expenses on the Company’s convertible loans, by the weighted-average number of shares of common stock and the potential dilutive common shares outstanding during the period. Diluted shares outstanding include the dilutive effect of in-the-money warrants using the treasury stock method and the potential conversion of the Company’s convertible loans into shares.

For the six and three months ended June 30, 2025, the Company reported a net loss, therefore did not take into account dilutive effect. As a result, the basic net loss per share was equal to the dilutive net loss per share.

The following table presents the numerator and denominator of the basic and diluted net loss per share computations:

		2026				2025				2026				2025
		For the six months ended June 30,								For the three months ended June 30,
		2026				2025				2026				2025
Numerator:
Numerator for basic earnings per share:
Net income (loss) attributable to Quantum X Labs Inc shareholders			1,880				(15,326	)			2,485				(11,658	)

Effect of dilutive securities:
Interest expenses on convertible loans			43				-				17				-

Numerator for diluted earnings per share:
Adjusted net income (loss)			1,923				(15,326	)			2,502				(11,658	)

Denominator:
Denominator for basic earnings per share:
Weighted average shares			12,903,662				6,330,104				14,292,085				7,235,599

Effect of dilutive securities:
Warrants and converted loans			6,140,200				-				5,782,540				-
Dilutive potential common shares			6,140,200				-				5,782,540				-

Denominator for diluted earnings per share:
Adjusted weighted average shares			19,043,862				6,330,104				20,074,625				7,235,599

Basic earnings (loss) per share attributable to Quantum X Labs Inc shareholders			0.15				(2.42	)			0.17				(1.61	)

Diluted earnings (loss) per share attributable to Quantum X Labs Inc shareholders			0.10				(2.42	)			0.12				(1.61	)

QUANTUM X LABS INC. (formerly known as Viewbix Inc.)

NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

U.S. dollars in thousands (except share data)