The
following table presents the earnings per share after preferred stock dividends calculation for the periods shown:
Schedule of Earnings Per Share
| |
|
|
|
|
|
| |
| | |
Three months ended March 31, | |
| | |
2025 | | |
2024 | |
| Numerator | |
| | | |
| | |
| | |
| | | |
| | |
| Net loss | |
$ | (728,981 | ) | |
$ | (521,805 | ) |
| Accrued preferred stock dividends | |
| (563,177 | ) | |
| (563,177 | ) |
| | |
| | | |
| | |
| Net loss applicable to common shareholders | |
$ | (1,292,158 | ) | |
$ | (1,084,982 | ) |
| | |
| | | |
| | |
| Denominator | |
| | | |
| | |
| | |
| | | |
| | |
| Weighted-average number of common shares outstanding basic and diluted | |
| 4,964,529 | | |
| 4,964,529 | |
| | |
| | | |
| | |
| Loss per common share after preferred dividends, basic and diluted | |
$ | (0.26 | ) | |
$ | (0.22 | ) |
|