v3.26.1
(Loss) Earnings per Common Stock
3 Months Ended
Mar. 31, 2026
(Loss) Earnings per common stock (Note 13)  
(Loss) Earnings per Common Stock

Note 13 – (Loss) Earnings per Common Stock

 

The following table presents the basic and diluted (loss) earnings per common stock computations

 

  

2026

(unaudited)

  

2025

(unaudited)

 
  

Three months ended

March 31

 
  

2026

(unaudited)

  

2025

(unaudited)

 
         
Net (Loss) Income   (1,259,899)   266,212 
           
Basic and diluted weighted average number of common stocks outstanding   44,903,730    12,446,667 
           
(Loss) Earnings per common stock          
Basic   (0.03)   0.02 
Diluted   (0.03)   0.02 

 

Basic (loss) income per common stock is computed by dividing net (loss) income by the weighted average number of common stocks outstanding during the period. Diluted (loss) income per common stock is the same as basic (loss) income per common stock for all periods presented because the inclusion of all potential common stocks (1,455,000 stock options and 61,559,418 warrants) would have been anti-dilutive, as it would have reduced the net loss per share.