v3.26.1
NET LOSS PER SHARE
 6 Months Ended
Jun. 30, 2026
Net loss per common share  
NET LOSS PER SHARE

NOTE 12 – NET LOSS PER SHARE

 

Basic net loss per share is computed using the weighted average number of common shares outstanding during the year. The dilutive effect of potential common shares outstanding is included in diluted net loss per share. The following table sets forth the computation of basic and diluted net loss per share for the six months ended June 30, 2026 and 2025.

 

   2026   2025 
   Six months ended June 30, 
   2026   2025 
Net loss attributable to common shareholders  $(125,347)  $(200,907)
           
Weighted average common shares outstanding – Basic and diluted   20,252,309    20,252,309 
           
Net loss per share – Basic and diluted  $(0.01)  $(0.01)

 

For the six months ended June 30, 2026 and 2025, diluted weighted-average common shares outstanding is equal to basic weighted-average common shares, due to the Company’s net loss position. Hence, no common stock equivalents were included in the computation of diluted net loss per share since such inclusion would have been antidilutive.