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BASIC AND DILUTED NET EARNINGS (LOSS) PER COMMON STOCK
3 Months Ended
Mar. 31, 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 3,453,722 for the three months ended March 31, 2026 and March 31, 2025, respectively.

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

Three months ended

March 31,

2026

2025

Net loss

$

8,248,858

$

9,227,162

Deemed dividend

4,838,622

Less: loss attributable to participating preferred stock

7,271,112

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

$

8,248,858

$

6,794,672

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

6,582,297

2,368,516

Basic and diluted net loss per common stock

$

1.25

$

2.87