| NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS |
NOTE
13 - NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS
Basic
loss per share is computed by dividing the Company’s net loss attributable to common shareholders by the weighted average number
of shares outstanding during the period. When the effects are not anti-dilutive, diluted loss per share is computed by dividing the Company’s
net loss attributable to common shareholders by the weighted average number of shares outstanding and the impact of all dilutive potential
common shares, primarily stock options “in-the-money”, unvested restricted stock, and unvested restricted stock units. We
have not allocated net income (loss) attributable to warrants because the holders of our warrants are not contractually obligated to
share in our income (loss). The dilutive impact of stock options, unvested restricted stock, and unvested restricted stock units is determined
by applying the “treasury stock” method. Performance-based restricted stock awards are included in the computation of diluted
loss per share only to the extent that the underlying performance conditions: (i) are satisfied prior to the end of the reporting period;
or (ii) would be satisfied if the end of the reporting period were the end of the related performance period and the result would be
dilutive under the treasury stock method. Stock awards subject to vesting or exercisability based on the achievement of market conditions
are included in the computation of diluted earnings per share only when the market conditions are met.
A
reconciliation of the numerators and denominators of the basic and diluted loss per share calculations for the three and six months ended
June 30, 2026 and 2025 was as follows:
SCHEDULE OF LOSS PER SHARE, BASIC AND DILUTED
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June
30, | | |
Six
Months Ended June
30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Loss
per share attributable to common shareholders (“EPS”): | |
| | | |
| | | |
| | | |
| | |
| Basic | |
$ | (0.66 | ) | |
$ | (0.23 | ) | |
$ | (1.84 | ) | |
$ | (0.82 | ) |
| Diluted | |
$ | (0.66 | ) | |
$ | (0.23 | ) | |
$ | (1.84 | ) | |
$ | (0.82 | ) |
| EPS
numerator - basic and diluted: | |
| | | |
| | | |
| | | |
| | |
| Net
loss attributable to common shareholders | |
$ | (2,451 | ) | |
$ | (688 | ) | |
$ | (6,836 | ) | |
$ | (2,444 | ) |
| EPS
denominator (in thousands): | |
| | | |
| | | |
| | | |
| | |
| Weighted
average common stock outstanding - basic | |
| 3,704 | | |
| 2,995 | | |
| 3,724 | | |
| 2,990 | |
| Common
stock equivalents: restricted stock units and restricted shares of common stock (a) | |
| - | | |
| - | | |
| - | | |
| - | |
| Weighted
average number of common stock outstanding - diluted | |
| 3,704 | | |
| 2,995 | | |
| 3,724 | | |
| 2,990 | |
| (a) |
The
diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares
of common stock outstanding because the effects of any potential common stock equivalents (see Note 6 to the Condensed Consolidated
Financial Statements for further details on unvested restricted stock units) were anti-dilutive and therefore not included in the
calculation of the denominator of dilutive earnings per share. |
|
NOTE
13 - NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS
A
reconciliation of the numerators and denominators of the basic and diluted loss per share calculations were as follows:
SCHEDULE OF LOSS PER SHARE, BASIC AND DILUTED
| | |
| | | |
| | |
| | |
For
The Year Ended December 31, | |
| | |
2025 | | |
2024 | |
| Loss
per share attributable to common shareholders (“EPS”): | |
| | | |
| | |
| Basic | |
$ | (2.08 | ) | |
$ | (1.59 | ) |
| Diluted | |
$ | (2.08 | ) | |
$ | (1.59 | ) |
| EPS
numerator - basic and diluted: | |
| | | |
| | |
| Net
loss attributable to common shareholders | |
$ | (6,657 | ) | |
$ | (4,770 | ) |
| EPS
denominator (in thousands): | |
| | | |
| | |
| Weighted
average common stock outstanding - basic | |
| 3,198 | | |
| 3,000 | |
| Common
stock equivalents: stock options and restricted stock units | |
(a) | - | | |
(a) | - | |
| Weighted
average number of common stock outstanding - diluted | |
| 3,198 | | |
| 3,000 | |
| (a) | The
diluted weighted average number of shares of common stock outstanding did not differ from
the basic weighted average number of shares of common stock outstanding because the effects
of any potential common stock equivalents (see Note 7 to the Consolidated Financial Statements
for further details on unvested restricted stock units) were anti-dilutive and therefore
not included in the calculation of the denominator of dilutive earnings per share. |
|