Three Months Ended

March 31,

2025

2024

Numerator

Net loss

$

(2,329,062

)

$

(326,767

)

Change in fair value of convertible notes payable

—

(25,000

)

Interest expense

—

9,863

Numerator for diluted loss per share

$

(2,329,062

)

$

(341,904

)

Denominator

Denominator for basic EPS - weighted-average shares

11,162,026

9,238,913

Effect of dilutive securities:

Convertible notes payable

—

63,938

Denominator for diluted EPS - adjusted weighted-average shares

11,162,026

9,302,851

Basic loss per share

$

(0.21

)

$

(0.04

)

Diluted loss per share

$

(0.21

)

$

(0.04

)