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Loss Per Share | 3 Months Ended
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Oct. 31, 2023
Loss Per Share [Abstract] |
LOSS PER SHARE | NOTE 14 – LOSS PER SHARE Basic loss per share is computed by dividing net loss attributable to all classes of common stockholders of the Company by the weighted average number of shares of all classes of common stock outstanding during the applicable period. Diluted loss per share includes potentially dilutive securities such as stock options, unvested restricted stock, warrants to purchase common stock, and other convertible instruments unless the result of inclusion would be anti-dilutive. The securities set forth in the table below have been excluded from the calculation of diluted net loss per share for the three months ended October 31, 2023 and 2022 because inclusion of all such securities would have been anti-dilutive for all periods presented. The following table summarizes the Company’s potentially dilutive securities which have been excluded from the calculation of dilutive loss per share as their effect would be anti-dilutive:
|  | Three Months Ended October 31, |
|  | 2023 |  |  | 2022 |
Shares issuable upon exercise of stock options |  |  | 388,409 |  |  |  | 1,021,277 |
Shares issuable upon vesting of restricted stock |  |  | 855,173 |  |  |  | 1,461,934 |
|  |  | 1,243,582 |  |  |  | 2,483,211 |
The diluted loss per share computation equals basic loss per share for the three months ended October 31, 2023 and 2022 because the Company had a net loss from continuing operations in all such periods and the impact of the assumed vesting of restricted shares, and exercise of stock options, and warrants would have been anti-dilutive. The following table summarizes the basic and diluted loss per share calculations (in thousands, except for share and per share amounts):
|  | Three Months Ended October 31, |
|  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |
Net loss from continuing operations |  | $ | (3,760 | ) |  | $ | (5,207 | )
Net loss attributable to noncontrolling interests |  |  | (122 | ) |  |  | (99 | )
Numerator for net loss from continuing operations |  |  | (3,638 | ) |  |  | (5,108 | )
Numerator for discontinued operations |  |  | — |  |  |  | 6,700 |
Net loss attributable to Rafael Holdings, Inc. |  | $ | (3,638 | ) |  | $ | 1,592 |
Denominator: |  |  |  |  |  |  |  |
Weighted average basic and diluted shares outstanding |  |  | 23,644,647 |  |  |  | 23,015,443 |
Loss per share attributable to common stockholders |  |  |  |  |  |  |  |
Basic and diluted: |  |  |  |  |  |  |  |
Continuing operations |  | $ | (0.15 | ) |  | $ | (0.22 | )
Discontinued operations |  |  | — |  |  |  | 0.29 |
Total basic and diluted loss per share |  | $ | (0.15 | ) |  | $ | 0.07 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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