v3.25.1
NET LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2024
Net loss per share  
SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

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

 

   Year ended
December 31, 2024
  

Period from

March 16, 2023

(inception) through

December 31, 2023

 
         
Numerator:          
Net loss  $(23,753,863)  $(3,793,585)
Denominator:          
Weighted average shares outstanding   42,821,940    40,396,516 
Net loss per share, basic and diluted  $(0.55)  $(0.09)
SCHEDULE OF ANTI-DILUTIVE EFFECT

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have had an anti-dilutive effect:

 

   December 31, 2024   December 31, 2023 
Unvested common stock – restricted shares (Note 8)   62,706    1,640,505 
Restricted stock options   709,992    - 
Restricted stock units   2,486,403    - 
Performance stock units   506,596    - 
Sponsor earnout shares (Note 3)*   -    - 
Public warrants   4,864,133    - 
Private placement warrants   5,566,667    - 

 

*   The Sponsor Earnout Shares (as defined in the Business Combination Agreement) were not included for purposes of calculating the number of diluted shares outstanding as of December 31, 2024, as the Sponsor earnout shares remain contingently forfeitable, as the conditions have not been met