| LOSS PER SHARE |
10. LOSS PER SHARE
The following table sets
forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2026 and 2025:
| |
|
For three months ended
June 30, |
|
|
For six months ended
June 30, |
|
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| Net loss |
|
$ |
(431,424 |
) |
|
$ |
(503,503 |
) |
|
$ |
(925,075 |
) |
|
$ |
(1,258,406 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loss per share – basic and diluted |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.03 |
) |
| Weighted average shares – basic and diluted |
|
|
79,445,180 |
|
|
|
50,724,664 |
|
|
|
65,164,261 |
|
|
|
50,724,664 |
|
As a result of net loss,
the weighted-average number of potentially anti-dilutive shares were excluded from calculation of dilutive earnings per share, which consisted
of the following:
| |
|
For three months ended
June 30, |
|
|
For six months ended
June 30, |
|
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| Public Warrants |
|
|
9,775,000 |
|
|
|
9,775,000 |
|
|
|
9,775,000 |
|
|
|
9,775,000 |
|
| Private Warrants |
|
|
498,875 |
|
|
|
498,875 |
|
|
|
498,875 |
|
|
|
498,875 |
|
| Other Warrants |
|
|
263,600 |
|
|
|
263,600 |
|
|
|
263,600 |
|
|
|
263,600 |
|
| Share options |
|
|
- |
|
|
|
185,000 |
|
|
|
- |
|
|
|
185,000 |
|
| Earnout shares |
|
|
20,000,000 |
|
|
|
20,000,000 |
|
|
|
20,000,000 |
|
|
|
20,000,000 |
|
|