NOTE 8 - Net Loss per Share

Basic loss per common share is computed by dividing loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per common share is computed similarly except that weighted average common shares are increased to reflect all dilutive instruments, including employee and director stock awards and warrants. Dilutive securities are excluded from the calculation of diluted weighted average common shares outstanding if their effect would be anti-dilutive based on the treasury stock method or due to a net loss from operations.

The following shares were potentially dilutive during the periods presented and include shares from warrants and stock options with average price of common stock exceeding exercise price. However, these shares were excluded from the diluted loss per share calculation, because the Company incurred net losses and the effect would be anti-dilutive for all periods presented.

		Three months ended June 30,						Six months ended June 30,
		2025			2024			2025			2024
Warrants		6,710,392			7,603,093			6,710,392			7,603,093
Stock options		2,975,636			1,082,216			1,595,555			1,082,216
RSUs		1,505,054			1,535,660			1,505,054			1,535,660
PSUs		345,462			699,289			345,462			699,289
		11,536,544			10,920,258			10,156,463			10,920,258