XML 25 R14.htm IDEA: XBRL DOCUMENT

Basic and Diluted Loss Per Share

9 Months Ended

Sep. 30, 2024

Basic and Diluted Loss Per Share [Abstract]

BASIC AND DILUTED LOSS PER SHARE

NOTE 8 – BASIC AND DILUTED LOSS PER SHARE:

Basic net loss per share is computed using the weighted average number of shares of common stock and pre-funded warrants and fully vested RSUs outstanding during the period, net of treasury shares. In computing diluted loss per share, basic loss per share is adjusted to take into account the potential dilution that could occur upon the exercise of options and RSUs granted under employee stock compensation plans, and the exercise of warrants using the treasury stock method.

Diluted loss per share excludes 4,602,053 shares underlying outstanding warrants, 65,380 shares underlying outstanding options, and 36,254 shares underlying outstanding RSUs for the three and nine months ended September 30, 2024, because the effect of their inclusion in the computation would be antidilutive.

Diluted loss per share excludes 1,047,589 shares underlying outstanding warrants, 90,377 shares underlying outstanding options, and 72,945 shares underlying outstanding RSUs for the three and nine months ended September 30, 2023, because the effect of their inclusion in the computation would be antidilutive.

The following table sets forth the computation of basic and diluted net loss per share attributable to common shareholders:

		Three months ended September 30,								Nine months ended September 30,
		2024				2023				2024				2023
Numerator:

Net loss		$	(511	)		$	(867	)		$	(2,575	)		$	(4,355	)

Denominator:

Common shares outstanding used in computing net loss per share attributable to common shareholders			6,014,548				2,389,296				3,782,947				1,998,123

Pre-Funded warrants to purchase common shares			-				304,250				646,791				262,712

Repurchase of common stock			-				(7,920	)			-				(6,600	)

Weighted average number of shares used in computing basic and diluted net loss per share attributable to common shareholders			6,014,548				2,685,626				4,429,738				2,254,235
Net loss per share attributable to common shareholders – basic and diluted		$	(0.09	)		$	(0.32	)		$	(0.59	)		$	(1.93	)