| NET LOSS PER SHARE ATTRIBUTIBLE TO ORDINARY SHARHOLDERS |
NOTE 12:- NET LOSS
PER SHARE ATTRIBUTIBLE TO ORDINARY SHARHOLDERS
The
following table sets forth the computation of basic and diluted net loss per ordinary share for the periods presented:
| |
|
Year ended December 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2023 |
|
| Basic |
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(46,421 |
) |
|
$ |
(49,317 |
) |
|
$ |
(43,500 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average shares used in computing
loss per share attributable to ordinary shareholders, basic |
|
|
111,382,369 |
|
|
|
80,949,032 |
|
|
|
72,021,520 |
|
| Loss per share attributable to ordinary
shareholders, basic |
|
$ |
(0.42 |
) |
|
$ |
(0.61 |
) |
|
$ |
(0.60 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted |
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Adjusted Net loss* |
|
$ |
(46,421 |
) |
|
$ |
(49,317 |
) |
|
$ |
(43,696 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average shares used in computing
loss per share attributable to ordinary shareholders, diluted |
|
|
111,382,369 |
|
|
|
80,949,032 |
|
|
|
72,053,372 |
|
| Loss per share attributable to ordinary
shareholders, diluted* |
|
$ |
(0.42 |
) |
|
$ |
(0.61 |
) |
|
$ |
(0.61 |
) |
|
* |
Loss per share attributable to ordinary shareholders, diluted, was adjusted and take into consideration warrants liabilities revaluations as part of the Company’s net loss for 2023 as set forth in the following table. |
| |
|
Year ended December 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
|
|
|
| Net loss |
|
|
(46,421 |
) |
|
|
(49,317 |
) |
|
|
(43,500 |
) |
| Revaluation of warrants |
|
|
- |
|
|
|
- |
|
|
|
(196 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Adjusted Net loss |
|
|
(46,421 |
) |
|
|
(49,317 |
) |
|
|
(43,696 |
) |
The
potential ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders
for the years ended December 31, 2025, 2024 and 2023 because including them would have been anti-dilutive are as follows:
| |
|
Year ended December 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
|
|
|
| Convertible bonds |
|
|
9,353,391 |
|
|
|
11,542,497 |
|
|
|
- |
|
| Warrants |
|
|
26,268,168 |
|
|
|
23,796,082 |
|
|
|
3,112,080 |
|
| Outstanding share options |
|
|
7,226,915 |
|
|
|
9,503,498 |
|
|
|
9,299,085 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
42,848,474 |
|
|
|
44,842,077 |
|
|
|
12,411,165 |
|
|