Basic loss per share is computed by dividing the net loss after tax attributable to common stockholders by the weighted average shares outstanding during the period. Diluted loss per share is computed by including potentially dilutive securities outstanding during the period in the calculation of weighted average shares outstanding. The Company did not have any dilutive securities during the periods presented; therefore, diluted loss per share is equal to basic loss per share.

Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted loss per share calculations for the years ended December 31:


	December 31,
	2025		2024
Net loss	$	(40,359)	$	(15,619)
Basic and diluted weighted average shares outstanding	8,673,148		64,530
Net loss attributable to common shareholders, basic and diluted	$	(4.65)	$	(242.04)

The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive:


	December 31,
	2025	2024
Series Seed	0	830,786
Series A	0	1,173,971
Series B	0	309,956
Series C	0	2,626,639
Series D	0	4,240,522
Common Options	1,459,757	1,334,803
Common Warrants	43,578	17,827
Series Seed Warrants	0	51,834
Series B Warrants	0	52,410
Series D Warrants	0	130,736
Total	1,503,335	10,769,484