v3.26.1
NET LOSS PER SHARE
 6 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 7 — NET LOSS PER SHARE

 

The computation of net loss per share and weighted-average shares of Common Stock outstanding for the periods presented are as follows:

 

   Three months ended March 31, 
   2026   2025 
Net loss attributable to common stockholders  $(1,028,964)  $(390,181)
Basic and diluted weighted-average common shares outstanding   12,144,730    10,031,273 
Basic and diluted  $(0.08)  $(0.04)

 

   Six months ended March 31, 
   2026   2025 
Net loss attributable to common stockholders  $(2,326,201)  $(712,380)
Basic and diluted weighted-average common shares outstanding   12,131,202    10,031,273 
Basic and diluted  $(0.19)  $(0.07)

 

 

There were no preferred or other dividends declared for the three and six months ended March 31, 2026. The below table includes the total securities potentially dilutive for the three and six months ended March 31, 2026 and 2025, which have been excluded from the computation of diluted earnings (loss) per share.

 

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

   Three months ended March 31, 
   March 31, 2026   March 31, 2025 
Warrants Outstanding (Underwriters’ Warrants)   72,450    - 

 

   Six months ended March 31, 
   March 31, 2026   March 31, 2025 
Warrants Outstanding (Underwriters’ Warrants)   72,450    - 

 

Although the Underwriters’ Warrants contain cashless exercise provisions, the impact of such provisions was not considered in diluted net loss per share as the Company incurred a net loss during the period and all potential shares of Common Stock were anti-dilutive.