v3.25.2
NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

 

NOTE 18 NET LOSS PER SHARE

 

Net loss per share information for the three and six months ended June 30, 2025 and 2024 was as follows: 

                    
   Three months ended June 30,   Six months ended June 30,   Three months ended June 30,   Six months ended June 30, 
   2025   2025   2024   2024 
Numerator:                
Net loss attributable to common stockholders  $(272,351)  $(479,227)  $(10,197)  $(11,516)
Denominator:                    
Weighted average number of shares outstanding:                    
Basic   3,969,933,920    3,969,933,920    3,760,676,634    3,756,720,590 
Diluted   7,969,933,920    7,969,933,920    7,760,676,634    7,756,720,590 
Net loss per ordinary share:                    
Basic  $(0.000069)  $(0.000121)  $(0.000003)  $(0.000003)
Diluted  $(0.000034)  $(0.000060)  $(0.000001)  $(0.000001)

 

The Company had convertible preferred stock outstanding during the three and six months ended June 30, 2025 and 2024, which is potentially dilutive upon conversion to ordinary shares. Accordingly, diluted net loss per share has been calculated to reflect the potential impact of such conversions. The Company did not have any stock options or warrants issued and outstanding during the periods presented. As mentioned in Note 1, the Share Exchange between the Company and MIL was a merger of entities under common control and accounted for as a reverse recapitalization, the common stock has been retrospectively restated to reflect the issuance of 2,356,712,066 shares of IDVV common stock for all periods presented. The weighted average number of shares outstanding for the three and six months ended June 30, 2025 and 2024 was presented as if all the shares of the Company issued on May 30, 2025 for the Share Exchange occurred at the beginning of the earliest reporting period.