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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 12 – EARNINGS PER SHARE

 

The Company calculates earnings/(loss) per share data by calculating the quotient of earnings/(loss) divided by the weighted average number of common shares outstanding during the respective period. Due to the net losses for all periods presented in the unaudited condensed statements of operations, all shares underlying the common stock options, common stock warrants, and related party convertible debt were excluded from the earnings per share calculation due to their anti-dilutive effect.

 

The calculation of net earnings/(loss) per share for the three and six months ended June 30, 2026 and 2025 is as follows:

 

Schedule of calculation net earnings per common share     For the
three months ended		     For the
six months ended
    June 30,
2026		     June 30,
2025		     June 30,
2026		     June 30,
2025		  
Basic and diluted:                                
Net loss   $ (1,670,818 )   $ (2,106,094 )   $ (3,980,186 )   $ (3,884,797 )
Weighted-average number of common shares     6,405,240       3,214,790       6,326,031       2,836,222  
Basic and diluted net loss per common share   $ (0.26 )   $ (0.66 )   $ (0.63 )   $ (1.37 )