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Net Loss Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 11 – Net Loss Per Share

 

Basic net loss per share is calculated by dividing net loss available to Common Stockholders by the weighted-average number of Common Stock outstanding during the period excluding the effects of any potentially dilutive securities. As of June 30, 2026, the Company has issued and outstanding prefunded warrants that are exercisable at a nominal price and exercisable at any time by the holder (see Note 7 - Warrants). As such, the prefunded warrants have been determined to be equivalent to Common Stock and included in basic weighted-average Common Stock outstanding.

 

Diluted net loss per share is computed similarly to basic loss per share, except that the denominator is increased to include the number of additional Common Stock that would have been outstanding if potential shares of Common Stock had been issued if such additional Common Stock were dilutive.

 

As the Company had net loss from operations for the three and six months ended June 30, 2026 and June 30, 2025, the following presents anti-dilutive securities excluded from basic and diluted net loss per share calculated on the statement of operations as their inclusion would have been anti-dilutive.

  

   Three and Six
Months Ended
June 30, 2026
   Three and Six
Months Ended
June 30, 2025
 
Anti-Dilutive:          
Warrants   16,232,635    6,219,284 
Prefunded warrants   -    11,817,165 
Stock options   3,146    9,022 
Unvested restricted stock Units   1,315,859    4,167 
Total Anti-dilutive   17,551,640    18,049,638