v3.26.1
Net Loss Per Share
 6 Months Ended
Jun. 30, 2026
Net Loss Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 13 – NET LOSS PER SHARE

 

As of June 30, 2026, and 2025, there were 48,795,266 and 46,859,495 shares of common stock issued and outstanding, respectively.

 

Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potential shares of common stock, including outstanding stock options. Basic and diluted net loss per share was the same for each period presented, given there are losses during the period, the inclusion of all potential common shares outstanding would have been anti-dilutive.

 

The following table reconciles actual basic and diluted earnings per share for the three and six months ended June 30, 2026, and 2025, respectively (in thousands, except share and per share data).

 

    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2026     2025     2026     2025  
Loss per share:                        
Numerator:                        
Net loss   $ (2,353 )   $ (1,141 )   $ (2,847 )   $ (1,892 )
                                 
Denominator:                                
Weighted average common shares outstanding     48,787,391       46,829,586       48,674,455       46,609,898  
Net loss per common share                                
Basic and diluted   $ (0.05 )   $ (0.02 )   $ (0.06 )   $ (0.04 )

 

The anti-dilutive securities excluded from the weighted-average shares used to calculate the diluted net loss per common share for the three and six months ended June 30, 2026, and June 30, 2025, were as follows:

 

    Six Months Ended
June 30,		  
    2026     2025  
Shares subject to outstanding common stock options     1,230,244       1,450,697  
Shares subject to convertible notes stock conversion     54,760,000       48,276,080  
Shares subject to warrants stock conversion     16,000,000       16,000,000  
Shares subject to contingent earn out     10,500,000       10,500,000  
Restricted stock units     170,044       17,047,306