| NET LOSS PER SHARE |
NOTE
3 – 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 is the same as basic net loss per share for the periods presented because all
potentially dilutive securities were anti-dilutive.
Potentially
dilutive securities excluded from the computation of diluted net loss per share consisted of the following:
POTENTIALLY DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF DILUTED NET LOSS PER SHARE
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Stock options | |
| 2,262 | | |
| 2,262 | | |
| 2,262 | | |
| 2,262 | |
| Series A preferred shares
(1) | |
| 475,981 | | |
| - | | |
| 475,981 | | |
| - | |
| Common stock - Series A preferred warrants | |
| 1,457,315 | | |
| 587 | | |
| 1,457,315 | | |
| 587 | |
| Earnout shares | |
| 9,000 | | |
| 9,000 | | |
| 9,000 | | |
| 9,000 | |
| Underwriter warrants | |
| 1,265 | | |
| 1,265 | | |
| 1,265 | | |
| 1,265 | |
| Pipe convertible notes (2) | |
| - | | |
| 29,873 | | |
| - | | |
| 29,873 | |
| Common stock - Series A warrants | |
| - | | |
| 5,109 | | |
| - | | |
| 5,109 | |
| Common stock - Series
B warrants | |
| - | | |
| - | | |
| - | | |
| - | |
| Totals | |
| 1,945,823 | | |
| 48,096 | | |
| 1,945,823 | | |
| 48,096 | |
| |
(1) | Does
not include shares for make-whole conversion provisions based on variable floating factors
that were not determinable as of June 30, 2026. |
| |
(2) | Does
not include shares for interest or make-whole amounts as the number of shares is undeterminable
since the calculation is based on variable floating factors |
|