v3.26.1
NOTE 12 – EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
NOTE 12 – EARNINGS (LOSS) PER SHARE

NOTE 12 – EARNINGS (LOSS) PER SHARE

 

Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Shares issued during the period and shares canceled during the period are weighted for the portion of the period that they were outstanding. Diluted earnings (loss) per share is computed in a manner consistent with that of basic earnings per share while giving effect to all potentially dilutive shares of common stock outstanding during the period, which include the assumed conversion of all outstanding convertible securities. Diluted earnings (loss) per share were the same as basic net income (loss) per share for the three months ended March 31, 2026 and 2025, as shares issuable upon the conversion of the then-outstanding convertible securities were anti-dilutive as a result of the net loss incurred for those periods.

 

The table below sets forth the computation of basic and diluted earnings (loss) per share:

 

                 
  

For the three months ended

March 31,

   2026  2025
       
Numerator:      
Net income (loss) attributable to SecureTech shareholders  $(389,137)  $   
           
Denominator:          
Basic – weighted average shares outstanding   18,189,590    56,333,864 
Effect of dilutive securities:          
Convertible note   —      —   
Series A preferred shares   —      —   
Diluted – weighted average shares outstanding   18,189,590    56,333,864 
           
Earnings (loss) per share:          
Basic  $(0.02)  $(0.00)
Diluted  $(0.02)  $(0.00)