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

11. Net Loss Per Share

 

Basic net loss per share is computed by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net loss per share gives effect to potentially dilutive securities outstanding during the period using the treasury-stock method, if their inclusion would be dilutive.

 

Because the Company incurred a net loss for each period presented, basic and diluted net loss per share were the same, as the inclusion of potentially dilutive securities would have been antidilutive.

 

The following table presents the computation of basic and diluted net loss per share:

 

                               
    Three months ended
June 30,
2026		    

Three months ended
June 30,

2025

     Six months ended
June 30,
2026		     Six months ended
June 30,
2025		  
Net loss attributable to common stockholders     (4,919,849 )     (445,105 )     (5,738,528 )     (445,105 )
Weighted-average common shares — basic     38,274,849       7,522,653       29,265,646       7,522,653  
Dilutive effect of warrants, options and RSUs     -       -       -       -  
Weighted-average common shares — diluted     38,274,849       7,522,653       29,265,646       7,522,653  
Net loss per share — basic   $ (0.13 )   $ (0.06 )   $ (0.20 )   $ (0.06 )
Net loss per share — diluted   $ (0.13 )   $ (0.06 )   $ (0.20 )   $ (0.06 )

 

As of June 30, 2026, potentially dilutive securities excluded from diluted net loss per share consisted of:

 

       
Security   Potential
common shares		  
Common stock warrants     19,000,000  
Stock options     1,600,000  
Restricted stock units     215,000  
Total     20,815,000  

 

The warrants, stock options and RSUs were excluded from the computation of diluted net loss per share because their inclusion would have been antidilutive as a result of the Company’s net loss.