Company: RGNT
Filing Date: 2025-05-05
Form Type: F-1/A
Source: 0001213900-25-039589
Chunk: 259

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-05
Form: F-1/A
Chunk 259
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ANCIAL STATEMENTS

U.S. dollars in thousands, except share and per share data

| NOTE 2:- | SIGNIFICANT ACCOUNTING POLICIES (Cont.) |

| m. | Basic and diluted income (loss) per share: |

The Company’s convertible
preferred shares are participating securities and, as such, the Company computes earnings per share using
the two-class method. Under the two-class method, net income (loss) is allocated between Ordinary Shares and
participating securities based on their participating rights. The Company’s participating securities do not contractually
require the holders of such securities to participate in the Company’s losses. As such, net loss for any period presented is
not allocated to the participating securities.

Basic net income (loss) per share
is computed by dividing the net income (loss) for the period attributable to ordinary shareholders by the weighted average number of
Ordinary Shares outstanding during the period. The diluted net income (loss) per share is calculated by giving effect to all potentially
dilutive securities outstanding for the period using the treasury shares method or the if-converted method based on the nature of such
securities.

Net income (loss) and the weighted average number
of Ordinary Shares used in computing basic and diluted net income (loss) per share is as follows:

|                                                                   |     | Year ended   
 December 31, 
 2024         |           |   |     | 2023 |         |   |
|:------------------------------------------------------------------|:----|:-------------|----------:|:--|:----|:-----|--------:|:--|
| Numerator:                                                        |     |              |           |   |     |      |         |   |
| Net income (loss)                                                 |     | $            |     5,231 |   |     | $    |  (4,132 | ) |
| Interest accrued on convertible preferred shares                  |     |              |       (48 | ) |     |      |     (48 | ) |
| Net income (loss) available for allocation                        |     |              |     5,183 |   |     |      |  (4,180 | ) |
| Net income (loss) attributed to Ordinary Shares                   |     |              |       304 |   |     |      |  (4,180 | ) |
| Net income (loss) attributed to preferred shares                  |     |              |     4,879 |   |     |      |