v3.25.4
NET LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2025
NET LOSS PER SHARE  
Schedule of basic net loss per share

  ​ ​ ​

For the year ended

December 31, 2025

  ​ ​ ​

December 31, 2024

Net loss

$

(26,442)

 

$

(19,000)

 

Effect of warrants modification, see Note 6

(2,429)

Total net loss attributable to common shareholders

$

(28,871)

$

(19,000)

Basic and diluted net loss per common share

(1.32)

 

(1.11)

 

Weighted average of common shares outstanding

21,812,716

 

17,113,169

 

Schedule of weighted average of common shares outstanding

For the year ended

December 31, 2025

December 31, 2024

Weighted average of common shares

24,147,081

 

18,525,902

Average unvested RSAs

(2,334,365)

(1,412,733)

Weighted average of common shares outstanding

 

21,812,716

 

17,113,169

Schedule of potentially dilutive securities were excluded from the calculation of diluted net loss per common stock because their effect would have been anti-dilutive

  ​ ​ ​

For the year ended

  ​ ​ ​

For the year ended

December 31, 

December 31, 

2025

2024

Common shares issuable in relation to:

 

  ​

 

  ​

Warrants

 

159,870

 

159,870

Options

 

348,281

 

348,281

Unvested RSA *

 

2,434,123

 

1,559,326

*Includes 193,557 of RSAs granted outside of the Incentive Plan see explanation in Note 7.