The
following table presents the calculation of the basic and diluted net loss per share and the effect of preferred stock dividends:
Schedule of Basic and Diluted Net Loss Per Share
| | |
2026 | | |
2025 | |
| | |
Three Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| Numerator: | |
| | |
| |
| Net loss | |
$ | (1,761,432 | ) | |
$ | (2,278,684 | ) |
| Preferred stock dividends | |
| (189,399 | ) | |
| (213,543 | ) |
| Net loss available to common stockholders | |
| (1,950,831 | ) | |
| (2,492,227 | ) |
| Denominator: | |
| | | |
| | |
| Weighted average shares of common stock outstanding - basic and diluted | |
| 10,948,121 | | |
| 7,463,578 | |
| Basic and diluted net loss per share | |
$ | (0.18 | ) | |
$ | (0.33 | ) |
|