v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2026
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 11 – EARNINGS PER SHARE

 

The calculation of weighted average shares for basic and diluted net loss per common share is as follows:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

$(2,179,349)

 

$(805,767)

 

$(3,230,842)

 

$(1,299,619)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic net loss per common share

 

 

43,818,010

 

 

 

30,716,783

 

 

 

43,040,909

 

 

 

28,179,985

 

Effect of dilutive stock options and other equity awards(1)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average shares outstanding for diluted net loss per common share

 

 

43,818,010

 

 

 

30,716,783

 

 

 

43,040,909

 

 

 

28,179,985

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic loss per common share:

 

$(0.05)

 

$(0.03)

 

$(0.08)

 

$(0.05)

Diluted loss per common share:

 

$(0.05)

 

$(0.03)

 

$(0.08)

 

$(0.05)

 

 

(1)

Since the Company incurred a net loss from continuing operations in each of the three and six months ended June 30, 2026 and 2025, no dilutive stock options or other equity awards were included as diluted shares in those periods. As of June 30, 2026 and December 31, 2025, potentially dilutive securities were comprised of (i) 9,973,304 and 9,300,104 unvested restricted stock units (“RSUs”), respectively, and (ii) 5,267,408 and 4,100,000 stock warrants, respectively