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

9. EARNINGS PER SHARE

 

Basic net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares consist of the common shares issuable upon the exercise of stock options and warrants. Potentially dilutive common shares are excluded from the calculation if their effect is antidilutive.

 

Because the Company had a net loss for the three months ended March 31, 2026, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, the Company has used the same number of shares outstanding to calculate both the basic and diluted loss per share. The table below reflect the potentially dilutive securities excluded from the Company’s earnings per share calculation:

 

    March 31,
2026
    March 31,
2025
 
Common stock options     3       3  
Restricted common stock units     714       738  
Common stock warrants     9,736       9,781  
Preferred stock     141,639        
Convertible notes payable     12,982        
Total potentially dilutive securities     165,074       10,522