shareholders (12,574) (11,697) (37,121) (34,215)
Add:
Stock-based
compensation 3,800 3,707 11,399 9,428
Warrants to
service
providers 291 178 639 432
Revaluation of
warrants and
accretion (67) (252) (335) (490)
Convertible bonds
accretion 117 - 140 -
Non-recurring
expenses related
to convertible
bonds and ATM - - 805 214
Non-GAAP net loss (8,433) (8,064) (24,473) (24,631)
---------- ---------- ---------- --------------
Basic Non-GAAP net
loss per ordinary
share (0.10) (0.10) (0.31) (0.35)
---------- ---------- ---------- --------------
Weighted-average
number of shares
used in computing
basic Non-GAAP
net loss per
ordinary share 80,957,931 77,474,326 79,914,649 69,975,104
---------- ---------- ---------- --------------
Diluted Non-GAAP
net loss per
ordinary share (0.13) (0.12) (0.38) (0.40)
---------- ---------- ---------- --------------
Weighted-average
number of shares
used in computing
diluted Non-GAAP
net loss per
ordinary share 66,586,095 67,286,305 64,503,654 61,452,569
---------- ---------- ---------- --------------
RECONCILIATION OF GAAP NET LOSS TO ADJUSTED EBITDA
----------------------------------------------------------------------
(U.S. dollars in
thousands)
3 Months 3 Months 9 Months
Ended Ended Ended 9 Months Ended
Sep 30, Sep 30, Sep 30,
2024 2024 2024 Sep 30, 2024
---------- ---------- ---------- --------------
GAAP net loss
attributable to
ordinary
shareholders (12,574) (11,697) (37,121) (34,215)
Add:
Financial expenses
(income), net 127 134 303 (573)
Depreciation 148 139 437 415
Stock-based
compensation 3,800 3,707 11,399 9,428
Warrants to
service
providers 291 178 639 432
Non-recurring
expenses related
to ATM - - 68 214
Adjusted EBITDA (8,208) (7,539) (24,275) (24,299)
---------- ---------- ---------- --------------
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SOURCE Arbe
/CONTACT: Miri Segal-Scharia, msegal@ms-ir.com, 917-607-8654
(END) Dow Jones Newswires
November 27, 2024 07:00 ET (12:00 GMT)
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