Annual report pursuant to Section 13 and 15(d)

Basic Loss Per Share

v3.23.1
Basic Loss Per Share
12 Months Ended
Dec. 31, 2022
Basic and Diluted Loss Per Share [Abstract]  
BASIC LOSS PER SHARE
NOTE 18 - BASIC LOSS PER SHARE

 

The basic and diluted net loss per share and weighted average number of shares of Common Stock used in the calculation of basic and diluted net loss per share are as follows:

 

    For the year ended
December 31,
 
    2022     2021  
             
Net loss     28,317       36,226  
Net loss per share     0.95       1.39  
Weighted average number of Common Stock     29,854,003       26,007,947  

 

As the inclusion of shares of Common Stock equivalents in the calculation would be anti-dilutive for all periods presented, diluted net loss per share is the same as basic net loss per share.

 

The calculation of diluted loss per share as of December 31, 2022 does not include 4,769,441, 9,215,475 and 4,000,000 of shares underlying options, shares underlying warrants and contingent shares, respectively, because the effect would be anti-dilutive.

 

The calculation of diluted loss per share as of December 31, 2021 does not include 4,084,545, 9,215,475 and 4,000,000 of shares underlying options, shares underlying warrants and contingent shares, respectively, because the effect would be anti-dilutive.