| Schedule of Computation of Basic and Diluted Net Income / (Loss) Per Share |
The following table sets forth the computation of basic and diluted net income / (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended
June 30, | | For the Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Basic earnings per share of common stock: | | | | | | | | | Numerator: | | | | | | | | | Net Income / (Loss) for the period | $ | (15,447,060) | | | $ | (7,295,078) | | | $ | (82,192,049) | | | $ | (10,328,125) | | | Preferred stock dividend | (95,869) | | | (1,178,544) | | | (190,684) | | | (1,650,573) | | | | | | | | | | | Net Income / (Loss) for the period – basic | $ | (15,542,929) | | | $ | (8,473,622) | | | $ | (82,382,733) | | | $ | (11,978,698) | | | Denominator: | | | | | | | | | Weighted average number of shares of common stock - basic | 1,168,984 | | | 27,501 | | | 1,209,784 | | | 25,837 | | | | | | | | | | | Net Income / (Loss) per share of common stock - basic | $ | (13.30) | | | $ | (308.12) | | | $ | (68.10) | | | $ | (463.63) | | | | | | | | | | | Diluted earnings per share of common stock: | | | | | | | | | Numerator | | | | | | | | | Net Income / (Loss) for the period - basic | $ | (15,542,929) | | | $ | (8,473,622) | | | $ | (82,382,733) | | | $ | (11,978,698) | | | | | | | | | | | | | | | | | | | Net Income / (Loss) for the period - diluted | $ | (15,542,929) | | | $ | (8,473,622) | | | $ | (82,382,733) | | | $ | (11,978,698) | | | Denominator | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted average number of shares of common stock - diluted(1) | 1,168,984 | | | 27,501 | | | 1,209,784 | | | 25,837 | | | | | | | | | | | Net Income / (Loss) per share of common stock - diluted | $ | (13.30) | | | $ | (308.12) | | | $ | (68.10) | | | $ | (463.63) | |
____________ (1)Includes 581,542 and 924 prepaid warrants, as of June 30, 2026 and 2025, respectively The following number of shares of common stock from the potential exercise or conversion of outstanding potentially dilutive securities were excluded from the computation of diluted net income / (loss) per share attributable to common stockholders for the periods presented because including them would have been antidilutive: | | | | | | | | | | | | | | | | | For the Three and Six
Months Ended
June 30, | | | 2026 | | 2025 | | ISOs | | — | | | 6 | | | RSU Awards | | 27,903 | | | — | | | Equity-classified Warrants | | 414,294 | | | 7,356 | | | Liability-classified Warrants | | — | | | — | | | Legacy Warrants | | 6,732 | | | 8,599 | | Warrants issued with Preferred Stock (Series B) | | 1,054 | | | 2,130 | | | Convertible Notes | | — | | | — | | Preferred Stock (Series A) | | 911,033 | | | 2,013 | | Preferred Stock (Series B) | | — | | | 51,842 | | | Total | | 1,361,016 | | | 71,946 | |
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