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

 

NOTE 21 NET LOSS PER ORDINARY SHARE

 

Net loss per share information for the three months ended March 31, 2026 and 2025 was as follows:

      
   Three months ended March 31, 2026  Three months ended March 31, 2025
Numerator:          
Net loss attributable to common stockholders  $(208,865)  $(206,876)
Denominator:          
Weighted average number of shares outstanding:          
Basic   3,969,933,920    3,969,933,920 
Diluted   7,969,933,920    7,969,933,920 
Net loss per ordinary share:          
Basic  $(0.000053)  $(0.000052)
Diluted  $(0.000026)  $(0.000026)

 

The Company had convertible preferred stock outstanding during the three months ended March 31, 2026 and 2025, which is potentially dilutive upon conversion to ordinary shares. Accordingly, diluted net loss per share has been calculated to reflect the potential impact of such conversions. The Company did not have any stock options or warrants issued and outstanding during the periods presented. As mentioned in Note 1, the Share Exchange between the Company and MIL was a merger of entities under common control and accounted for as a reverse recapitalization, the common stock has been retrospectively restated to reflect the issuance of 2,356,712,066 shares of MDLK common stock for all periods presented. The weighted average number of shares outstanding for three months ended March 31, 2026 and 2025 was presented as if all the shares of the Company issued on May 30, 2025 for the Share Exchange occurred at the beginning of the earliest reporting period.