v3.26.1
Loss Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Loss Per Share

Note 9. Loss Per Share

 

Basic loss per share is derived by dividing net loss applicable to common stockholders by the weighted average number of shares of common stock outstanding during each period. Diluted loss per share includes the effect, if any, from the potential exercise or conversion of securities, such as warrants and stock options, which would result in the issuance of incremental shares of common stock unless such effect is anti-dilutive. In calculating the basic and diluted net loss per share applicable to common stockholders, the weighted average number of shares remained the same for both calculations due to the fact that when a net loss exists, dilutive shares are not included in the calculation. Potentially dilutive securities outstanding that have been excluded from diluted loss per share due to being anti-dilutive include the following:

  

   2026   2025 
   Outstanding at June 30, 
   2026   2025 
Private Placement Warrants and Placement Agent Warrants   2,242,719    - 
Stock options   1,479,398    1,239,766 
Anti-dilutive securities    3,722,117    1,239,766 

 

The Pre-Funded Warrants issued in the Offering were included in outstanding shares for purposes of computing basic and diluted loss per share for the three and six months ended June 30, 2026.