v3.26.1
Net Loss Per Share
 3 Months Ended
Mar. 31, 2026
Net Loss Per Share [Abstract]  
Net Loss Per Share

Note 8. Net Loss Per Share

 

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

 

   Three Months Ended
March 31,		 
   2026   2025 
         
Numerator:        
Net loss  $(2,496,540)  $(3,845,380)
Denominator:             
Weighted average common shares outstanding   2,407,665    1,844,072 
Net loss per common share, basic and diluted  $(1.04)  $(2.09)

 

 

Since the Company was in a loss position for the periods presented, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential dilutive securities would have been anti-dilutive. For the periods presented, there were no potential dilutive securities other than stock options and warrants.

 

The following common stock equivalents were excluded from the calculation of diluted net loss per share applicable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

   As of March 31, 
   2026   2025 
Anti-dilutive common stock equivalents:        
Stock options to purchase common stock   403,000    436,334 
Warrants to purchase common stock   1,044,167    615,940 
Total anti-dilutive common stock equivalents   1,447,167    1,052,274