v3.26.1
NET LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2025
Net loss per share(4)  
SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

The following table sets forth the computation of the basic and diluted net loss per share:

 

   Year ended
December 31,
2025
   Year ended
December 31,
2024
 
         
Numerator:        
Net loss  $

(15,723,636

)  $(23,753,863)
Denominator:          
Weighted average shares outstanding   7,385,168    4,282,194 
Net loss per share, basic and diluted  $(2.13)  $(5.55)
SCHEDULE OF ANTI-DILUTIVE EFFECT

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have had an anti-dilutive effect:

 

   December 31, 2025   December 31, 2024 
Unvested common stock – restricted shares (Note 8)   -    6,270 
Restricted stock options   26,560    70,999 
Restricted stock units   143,708    248,640 
Performance stock units   50,658    50,658 
Sponsor earnout shares (Note 3)*   -    - 
Public warrants   486,413    486,413 
Private placement warrants   556,666    556,666 
Short term loan warrants   86,591    - 
Private placement warrants   6,425    - 
2025 Convertible note shares   822,340    - 
2025 Convertible note warrants   411,245    - 

 

*   The Sponsor Earnout Shares (as defined in the Business Combination Agreement) were not included for purposes of calculating the number of diluted shares outstanding as of December 31, 2025, as the Sponsor earnout shares remain contingently forfeitable, as the conditions have not been met