Company: OMQS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024877
Chunk: 60

Company: OMNIQ Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 60
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. Early adoption is permitted.
The amendments should be applied on a prospective basis; however, retrospective application is permitted. The adoption of ASU 2023-09
is not expected to have a material impact on the Company’s financial statements.

Net
Loss Per Common Share

Net
loss per share is provided in accordance with FASB ASC 260-10, “Earnings per Share”. Basic net loss per common share (“EPS”)
is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period.
Diluted earnings per share is computed by dividing net income by the weighted average shares outstanding, assuming all dilutive potential
common shares were issued, unless doing so is anti-dilutive. The weighted-average number of common shares outstanding for computing basic
EPS for the three-months ended June 30, 2025, and 2024 were 10,712,930 and 10,688,340, respectively. Diluted net loss per share of common
stock is the same as basic net loss per share of common stock because the effects of potentially dilutive securities are antidilutive.

The
following table sets forth the potentially dilutive securities excluded from the computation of diluted net income or loss per share because such
securities have an anti-dilutive impact and are out of the money:

 SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDES FROM COMPUTATION OF EARNING PER SHARE 

    June 30, 2025  
    June 30, 2024 
  
    Options
    to purchase common stock 
     2,126,833  
     1,297,333 
  
    Warrants
    to purchase common stock 
     959,235  
     1,606,734 
  
    Potential
    shares excluded from diluted net loss per share 
     3,086,068  
     2,904,067 

    F-5

NOTE
2 – GOING CONCERN 

The
accompanying condensed consolidated financial statements have been prepared assuming that we will continue as a going concern. The following
are the principal conditions or events which potentially raise substantial doubt about the company’s ability to continue as a going
concern:

    ●
    Balancing
    the need for operational cash with the need to add additional products.

    ●
    Timely
    and cost-effective development of products

    ●