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

Note 13 - Loss per Share

 

For the three months ended March 31, 2026, loss per share is ($0.54) (basic and diluted) compared to that of the three months ended March 31, 2025, of ($1.05) (basic and diluted) using the weighted average number of shares of 10,778,204 (basic and diluted) and 4,262,474 (basic and diluted), respectively.

 

There are 45,000,000 common shares authorized with 11,925,471 and 4,795,521 shares issued and outstanding, at March 31, 2026 and 2025, respectively. The computation of loss per share is based on the weighted average number of shares outstanding during the period in accordance with ASC Topic No. 260, “Earnings Per Share.” Shares underlying the Company’s outstanding warrants and convertible promissory notes were excluded due to the anti-dilutive effect they would have on the computation.