Annual report pursuant to Section 13 and 15(d)

Loss Per Share

v3.24.4
Loss Per Share
 12 Months Ended
Dec. 31, 2023
Loss Per Share [Abstract]  
LOSS PER SHARE
Q. LOSS PER SHARE:

 

The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for the periods in which a net loss is presented because their effect would have been anti-dilutive.

 

    December 31,
2023		     December 31,
2022		  
    (Restated)     (Restated)  
Warrants     10,074,195       10,074,195  
Stock options     852,896       453,918  
      10,927,091       10,528,113  

 

For the years ended December 31, 2023 and 2022, as a result of the net losses in these years, all warrants and stock options have been excluded from the calculation of diluted earnings per share and, therefore, there was no difference in the weighted average number of common shares for basic and diluted loss per share as the effect of all potentially dilutive shares outstanding was anti-dilutive.