v3.26.1
Net Loss Per Share
12 Months Ended
Dec. 31, 2025
Net Loss Per Share [Abstract]  
Net Loss Per Share

Note 10 Net Loss Per Share

 

The Company’s basic net loss per share is calculated by dividing net loss by the weighted-average number of shares of common stock outstanding for the period.

 

Diluted net loss per share is computed by giving effect to all potential shares of common stock, to the extent dilutive, including shares underlying the Series A convertible preferred shares, senior secured convertible notes, stock options, and stock warrants. Potential shares of common stock are excluded from the computation of diluted net loss per share if their effect would have been anti-dilutive for the periods presented or if the issuance of shares is contingent upon events that did not occur by the end of the period.

The following table encapsulates all potential shares of common stock that were excluded from the computation of weighted-average diluted shares.

 

   Common Share Equivalents 
Series A convertible preferred shares (1:20 conversion ratio)   149,540,340 
Stock options   512,620 
Warrants   1,116,913 
PIPE convertible note   8,307,927 
Total anti-dilutive shares excluded   159,477,800