v3.26.1
Net Loss Per Share
 6 Months Ended
Jun. 30, 2026
Net Loss Per Share [Abstract]  
Net Loss Per Share

Note 8. Net Loss Per Share

 

The following table sets forth the computation of the basic and diluted net loss per common share:

 

    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2026     2025     2026     2025  
Numerator:                        
Net loss   $ (3,322,565 )   $ (3,667,287 )   $ (5,819,105 )   $ (7,512,667 )
Denominator:                                
Weighted average common shares outstanding     2,913,225       1,961,642       2,661,857       1,903,222  
Net loss per common share, basic and diluted   $ (1.14 )   $ (1.87 )   $ (2.19 )   $ (3.95 )

 

Since the Company was in a loss position for the periods presented, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential dilutive securities would have been anti-dilutive. For the periods presented, there were no potential dilutive securities other than stock options and warrants.

 

The following common stock equivalents were excluded from the calculation of diluted net loss per share applicable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

    As of June 30,  
    2026     2025  
Anti-dilutive common stock equivalents:            
Stock options to purchase common stock     403,000       433,001  
Warrants to purchase common stock     4,595,140       615,940  
Total anti-dilutive common stock equivalents     4,998,140       1,048,941