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

NOTE 13 – LOSS PER SHARE 

 

The Company calculates earnings (loss) per share ("EPS") in accordance with FASB ASC 260, Earnings Per Share. Basic EPS is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For the three and six months ended June 30, 2026 and 2025, the Company reported a net loss; therefore, diluted EPS is calculated the same as basic EPS, as the inclusion of all potentially dilutive securities would be anti-dilutive.

 

The following securities were excluded from the calculation of diluted loss per share because their effect would have been anti-dilutive:

 

  · Options and warrants: 3,937,160 shares and 3,320,221 shares for the three and six months ended June 30, 2026, respectively, and 668,844 and 1,012,128 shares for the three and six months ended June 30, 2025, respectively.

 

  ·

Unvested RSUs: 2,381,813 shares and 2,123,002 shares for the three and six months ended June 30, 2026, respectively, and 26,189 shares and 13,167 shares for the three and six months ended June 30, 2025, respectively.

 

  · Earned but unissued PSUs: 0 shares for the three and six months ended June 30, 2026, and 337,448 shares and 169,656 shares for the three and six months ended June 30, 2025, respectively.
     
  ·

Total anti-dilutive securities excluded from the calculation of diluted loss per share were 6,318,973 shares and 5,443,223 shares for the three and six months ended June 30, 2026, respectively, and 1,032,481 shares and 1,194,951 shares for the three and six months ended June 30, 2025, respectively.