| LOSS PER COMMON SHARE |
NOTE 11. – LOSS PER COMMON SHARE The following table sets forth the computation of basic and diluted loss per common share for the three and six months ended June 30, 2026 and 2025, respectively. Outstanding warrants, options and RSUs were excluded from the calculation of diluted earnings per share as the effect was antidilutive to consolidated net loss. | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | (in thousands, except for per-share data) | Net loss from continuing operations | | $ | (3,265) | | $ | (3,296) | | $ | (6,284) | | $ | (6,571) | Net loss from discontinued operations | | | (81) | | | (111) | | | (323) | | | (1,164) | Net loss | | | (3,346) | | | (3,407) | | | (6,607) | | | (7,735) | Deemed dividends | | | (17,545) | | | — | | | (18,134) | | | — | Dividend for redemption of Series A Convertible Preferred Stock | | | — | | | — | | | (6,916) | | | — | Dividend for redemption of Series B Convertible Preferred Stock | | | (870) | | | — | | | (870) | | | — | Net loss available to common shareholders | | $ | (21,761) | | $ | (3,407) | | $ | (32,527) | | $ | (7,735) | | | | | | | | | | | | | | Weighted average common shares outstanding - basic and diluted | | | 209,241 | | | 1,005 | | | 120,095 | | | 709 | | | | | | | | | | | | | | Basic and diluted loss per common share from continuing operations | | $ | (15.60) | | $ | (3,279.60) | | $ | (52.33) | | $ | (9,267.98) | Basic and diluted loss per common share from discontinued operations | | $ | (0.39) | | $ | (110.45) | | $ | (2.69) | | $ | (1,641.75) | Basic and diluted loss available to common shareholders per common share | | $ | (104.00) | | $ | (3,390.05) | | $ | (270.84) | | $ | (10,909.73) | | | | | | | | | | | | | | Anti-dilutive shares are as follows as of June 30: | | | | | | | | | | | | | Warrants | | | 3,019,586 | | | 14,910 | | | 3,019,586 | | | 14,910 | Options | | | 3,661 | | | 78 | | | 3,661 | | | 78 | Restricted stock units | | | 1,220 | | | 45 | | | 1,220 | | | 45 | | | | 3,024,467 | | | 15,033 | | | 3,024,467 | | | 15,033 |
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