v3.26.1
NOTE 9 — Net Loss Per Share
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
NOTE 9 — Net Loss Per Share

NOTE 9 — Net Loss Per Share

 

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

 

               
  Three Months Ended March 31,
  2026  2025
Numerator:     
   Net loss $(899,576)  $(994,140)
          
   Adjusted net loss before interest for diluted earnings per share $(899,576)  $(994,140)
Denominator: Weighted average shares outstanding used in computing net loss per share:         
          Basic  8,135,728    7,829,484 
          Diluted  8,135,728    7,829,484 
   Net loss per share applicable to common stockholders:         
          Basic $(0.11)  $(0.13)
          Diluted $(0.11)  $(0.13)

 

In the three months ended March 31, 2026, the shares used in computing diluted net loss per share do not include 1,296,635 stock options, 50,000 warrants and 5,161,331 shares related to convertible notes payable as their effect would be anti-dilutive.

 

In the three months ended March 31, 2025, the shares used in computing diluted net loss per share do not include 1,114,698 stock options, 50,000 warrants and 3,203,906 shares related to convertible notes payable as their effect would be anti-dilutive.