v3.26.3
NOTE 14 – EARNINGS (LOSS) PER SHARE
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
NOTE 14 – EARNINGS (LOSS) PER SHARE

NOTE 14 – EARNINGS (LOSS) PER SHARE

 

Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Shares issued during the period and shares canceled during the period are weighted for the portion of the period that they were outstanding. Diluted earnings (loss) per share is computed in a manner consistent with that of basic earnings per share while giving effect to all potentially dilutive shares of common stock outstanding during the period, which include the assumed conversion of all outstanding convertible securities. Diluted earnings (loss) per share were the same as basic net income (loss) per share for the fiscal year ended December 31, 2024, as shares issuable upon the conversion of the then-outstanding convertible securities were anti-dilutive as a result of the net loss incurred for those periods.



 

 

 

Table of Contents


The table below sets forth the computation of basic and diluted earnings (loss) per share:

 

 

                 
   For the fiscal years ended December 31,
   2025  2024
       
Numerator:      
Net income (loss) attributable to SecureTech
shareholders
  $112,777   $(409,440)
Add: accretion of redeemable non-controlling interest to redemption value  $2,172      
Net income (loss) available to common stockholders  $114,949    (409,449)
           
Denominator:          
Basic – weighted average shares outstanding   40,010,980    78,148,402 
Effect of dilutive securities:          
Convertible note            
Series A preferred shares   182,950,000       
Diluted – weighted average shares outstanding   222,960,980    78,148,402 
           
Earnings (loss) per share:          
Earnings (loss) per share: Basic  $0.00*  $(0.01)
Earnings (loss) per share: Diluted  $0.00*  $(0.01)

 

 

* Less than US$0.005