v3.26.1
Net Loss Per Share
 3 Months Ended
Mar. 31, 2026
Loss per share  
Net Loss Per Share

Note 8: Net Loss Per Share

 

The following table provides reconciliation of net loss per share of common stock:

 

       
   Three Months Ended March 31 
   2026   2025 
Numerator        
Net loss for the period  $(1,930,180)  $(1,291,596)
           
Denominator          
Weighted average number of shares, basic and diluted   13,311,886    12,458,002 
           
Net loss per share, basic and diluted  $(0.14)  $(0.10)

 

The basic and diluted net loss per share are the same as the Company is in a net loss position.

 

The Company’s potentially dilutive securities, including stock options (stock options to purchase 429,500 and 303,550 shares of common stock outstanding as of March 31, 2026, and 2025, respectively), RSUs (14,275 and 11,287 RSUs outstanding as of March 31, 2026, and 2025, respectively) and warrants (warrants to purchase 1,732,659 and 1,740,992 shares of common stock outstanding as of March 31, 2026, and 2025, respectively), have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same.