v3.26.1
Net Loss Per Common Share
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Net Loss Per Common Share

4. Net Loss per Common Share

 

The Company calculates net loss per common share in accordance with ASC 260 “Earnings Per Share” (“ASC 260”). Basic and diluted net loss per common share was determined by dividing net loss applicable to common stockholders by the weighted average number of shares of common stock outstanding during the period.

 

The following potentially dilutive securities have not been included in the computation of diluted net loss per share for the three months ended March 31, 2026 and March 31, 2025, as the result would be anti-dilutive:

 

   March 31,   March 31, 
   2026   2025 
Stock options   24,827    25,253 
Restricted stock units   2    136 
Series A preferred stock   2    2 
Series D preferred stock   —    162,588 
Series E preferred stock   —    458,333 
Common stock warrants   3,178    101,906 
Total shares excluded from calculation   28,009    748,218 

 

18. Net Loss Per Share

 

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:

 

   2025   2024 
   Years ended December 31, 
   2025   2024 
Numerator:          
Net loss  $(2,998)  $(11,212)
Dividend on convertible exchangeable preferred shares   (61)   — 
Deemed dividend on warrant exchange   (11,033)   — 
Net loss attributable to common shareholders  $(14,092)  $(11,212)
           
Denominator:          
Weighted-average number of common shares used in loss per share – basic and diluted   2,185,075    22,314 
Loss per share - basic and diluted  $(6.45)  $(502.46)

 

 

Potential dilutive securities 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 common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

   December 31,   December 31, 
   2025   2024 
Stock options   24,921    494 
Restricted Stock Units   10    164 
Series A preferred stock   2    2 
Common stock warrants   3,178    117,182 
Total shares excluded from calculation   28,111    117,842 

 
Future NRG Sdn. Bhd. [Member]    
Net Loss Per Common Share  

11. EARNINGS/(LOSS) PER SHARE

 

 Schedule of Earnings or Loss Per Share

   Note  2025   2024 
      (USD)   (USD) 
Net loss from continuing operations     (67,140)   (123,433)
Net income from discontinued operations     2,557,550    921,119 
Net income (loss)      2,490,410    797,686 
              
Weighted average shares outstanding      28,000,000    28,000,000 
              
Earnings (loss) per share — basic and diluted (USD):             
Continuing operations      (0.0024)   (0.0044)
Discontinued operations      0.0913    0.0329 
Total      0.0889    0.0285 

 

No potentially dilutive securities existed in either period. Basic and diluted EPS are identical.