Quarterly report pursuant to Section 13 or 15(d)

Basic Loss Per Share

v3.20.1
Basic Loss Per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
BASIC LOSS PER SHARE
NOTE 10 – BASIC LOSS PER SHARE

 

The basic and diluted net loss per share and weighted average number of shares of Ordinary Shares used in the calculation of basic and diluted net loss per share are as follows (USD in thousands, except share and per share data):

 

   

Three months ended  

March 31,

  
    2020      2019  
             
Net loss     5,901       3,225  
Interest accrued on preferred shares (pre-merger – BiomX Ltd.)     -       1,183  
Net loss used in the calculation of basic net loss per share     5,901       4,408  
Net loss per share     0.26       2.20  
Weighted average number of Common Stock     22,897,723       2,005,043