| SCHEDULE OF CALCULATION OF EARNINGS PER SHARE |
The
following table sets forth the calculation of earnings per share, with no dividends declared yet, for the years ended December 31, 2025
and 2024, as presented in the accompanying Consolidated Statements of Operations:
SCHEDULE OF CALCULATION OF EARNINGS PER SHARE
| For the Year Ended December 31, 2025 |
| | |
Class
B | | |
Common | |
| Basic and diluted net loss per share of common stock | |
| | |
| |
| Numerator: | |
| | | |
| | |
| Allocation of net loss | |
$ | (397,334 | ) | |
$ | (43,696,388 | ) |
| Less : Series B preferred dividend | |
$ | (2,017 | ) | |
$ | (221,858 | ) |
| Net loss attributable to common stock holders - basic | |
$ | (399,351 | ) | |
$ | (43,918,246 | ) |
| Denominator: | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 363,552 | | |
| 39,981,214 | |
| | |
| | | |
| | |
| Basic and diluted net loss per share of common stock | |
$ | (1.10 | ) | |
$ | (1.10 | ) |
| For the Year Ended December 31, 2024 |
| | |
Class B | | |
Class C | | |
Class D | | |
Common | |
| Basic and diluted net loss per share of common stock | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net loss | |
$ | (620,265 | ) | |
$ | (5,784,717 | ) | |
$ | (13,968,689 | ) | |
$ | (9,966,084 | ) |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 724,629 | | |
| 6,758,034 | | |
| 16,319,014 | | |
| 11,642,944 | |
| | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted net loss per share of common stock | |
$ | (0.86 | ) | |
$ | (0.86 | ) | |
$ | (0.86 | ) | |
$ | (0.86 | ) |
|