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LOSS PER SHARE
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
LOSS PER SHARE

15. LOSS PER SHARE

 

In accordance with ASC 260, Earnings Per Share, the basic loss per common share is computed by dividing the net loss available to common shareholders by the weighted average number of common stock outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.

 

The Company excluded the potential common stock equivalents outstanding from the calculation of diluted weighted average net loss per share for each of the years ended December 31, 2025, and 2024, which would be anti-dilutive due to the net loss from continuing operations in those periods.

 

Anti-dilutive securities, which are convertible into or exercisable for the Company’s common stock, consisted of the following as of December 31, 2025, and 2024:

               
    December 31,  
    2025     2024  
Warrants     140,923,000       140,956,000  
Convertible notes payable     10,659,000       -  
Convertible preferred stock     1,250,000,000       1,250,000,000  
Total     1,401,582,000       1,390,956,000