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