| NET LOSS PER SHARE |
NOTE
9 – NET LOSS PER SHARE
Basic
net income (loss) per common share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding
during the period.
For
the three and nine months ended March 31, 2026 and 2025, diluted net loss per common share is the same as basic net loss per common share
as the inclusion of potentially dilutive securities would have been anti-dilutive. Potentially dilutive securities excluded from the
calculation of diluted weighted-average common shares outstanding were as follows:
SCHEDULE OF DILUTIVE COMMON SHARES OUTSTANDING EXCLUDED FROM DILUTIVE WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
months ended March 31, | | |
Nine
months ended March 31, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Stock
options | |
| 966,424 | | |
| 1,217,525 | | |
| 998,679 | | |
| 1,411,711 | |
| RSUs(1) | |
| 514,878 | | |
| - | | |
| 479,253 | | |
| 76,754 | |
| Common
Stock Warrants convertible to common stock | |
| 2,496,198 | | |
| 1,413,110 | | |
| 2,159,256 | | |
| 1,413,110 | |
| Preferred
Stock Warrants convertible to common stock | |
| 2,429,523 | | |
| - | | |
| 1,755,641 | | |
| - | |
| Total
potentially dilutive securities | |
| 6,407,023 | | |
| 2,630,635 | | |
| 5,392,829 | | |
| 2,698,863 | |
| (1) | | RSUs presented
include performance stock units with goals that management determined are not probable to be achieved. |
|