Actelis Networks, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Basic and Diluted Loss Per Share

Basic and Diluted Loss Per Share

9 Months Ended

Sep. 30, 2026

Basic and Diluted Loss Per Share [Abstract]

NOTE 7 – 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 10,893,298 shares underlying outstanding warrants, 3,627 shares underlying outstanding options, and 106,534 shares underlying outstanding RSUs for the nine months ended September 30, 2026, because the effect of their inclusion in the computation would be antidilutive.

Diluted loss per share excludes 1,202,794 shares underlying outstanding warrants, 4,059 shares underlying outstanding options, and 174,307 shares underlying outstanding RSUs for the nine months ended September 30, 2025, 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:

	Nine months ended September 30,						Three months ended September 30,
	2026			2025			2026			2025
Numerator:

Net loss – basic and diluted	$	(5,096	)	$	(5,741	)	$	(1,247	)	$	(1,980	)

Denominator:

Common shares outstanding used in computing net loss per share		22,799,577			981,337			28,841,034			1,175,324

Pre-funded warrants to purchase common shares		2,046,901			1,150			3,850,000			3,438
Weighted average number of shares used in computing basic and diluted net loss per share		24,846,478			982,487			32,691,034			1,178,762

Net loss per share – basic and diluted		(0.21	)		(5.84	)		(0.04	)		(1.68	)