Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 210

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 210
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 income (loss), net                           80                    ( 549)                            1,586  
  Interest expenses                                                     ( 924)                     ( 80)                 —                 
  Income (loss) from derivatives remeasurement                        ( 9,143)                       240                 —                 
  Other expenses                                                        ( 699)                    ( 171)                 ( 84)             
  Financial income (expense), net                                            $      ( 7,812)           $      3,928      $          4,371  

F-38

Table of Contents

REE AUTOMOTIVE LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2024

U. S. dollars in thousands (except share and per share data)

NOTE 17. BASIC AND DILUTED NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted losses per share:

                                                                                                                 Year ended December 31,                                                                      
                                                                                                                 2024                                         2023                      2022                  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Numerator:                                                                                                                                                                                                  
  Net loss for basic and diluted loss per share                                                                  $                            ( 111,754)      $         ( 114,208)      $         ( 107,420)  
  Denominator:                                                                                                                                                                                                
  Weighted average number of Class A Ordinary shares used in computing basic and diluted net loss per share                                   15,933,291                10,087,691                 9,783,301  
  Basic and diluted net loss per Class A Ordinary shares                                                         $                               ( 7.01)      $           ( 11.32)      $           ( 10.98)  

F-39

Table of Contents

REE AUTOMOTIVE LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2024

U. S. dollars in thousands (except share and per share data)

NOTE 18. REPORTING SEGMENT AND GEOGRAPHIC INFORMATION

The Company operates as a single operating segment, with its Chief Executive Officer acting as the Chief Operating Decision Maker (CODM). The CODM regularly reviews the financial information on a consolidated basis and evaluates the segment's performance based on its operating loss and net loss, as