| Income (Loss) Per Share |
Note
13 — Income (Loss) Per Share
The
following table sets forth the information needed to compute basic and diluted income (loss) per share for the three and nine months
ended September 30, 2026 and 2025:
Schedule of Basic And Diluted (Loss) Income Per Share
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three Months Ended | | |
Nine Months Ended | |
| | |
September 30 | | |
September 30 | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Basic and diluted net income (loss) per share: | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | |
| Net income (loss) | |
$ | 246,574 | | |
$ | (1,429,133 | ) | |
$ | (395,046 | ) | |
$ | (1,449,389 | ) |
| Basic and diluted net income (loss) per share | |
$ | 0.01 | | |
$ | (0.04 | ) | |
$ | (0.01 | ) | |
$ | (0.04 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 40,279,878 | | |
| 36,920,226 | | |
| 38,820,497 | | |
| 36,920,226 | |
| Diluted Shares | |
| 40,279,878 | | |
| 36,920,226 | | |
| 38,820,497 | | |
| 36,920,226 | |
For the three and nine months ended September 30, 2026 and 2025, certain common shares issuable were excluded from the computation of
diluted shares, as their inclusion would have been anti-dilutive.
Schedule Of Computation Antidilutive Shares
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Shares excluded from net (loss) earnings per share | |
| | |
| | |
| | |
| |
| Warrants Outstanding *1 | |
| 14,107,988 | | |
| 14,107,989 | | |
| 14,107,988 | | |
| 14,107,989 | |
| Contingent Earnout Shares *2 | |
| 26,000,000 | | |
| 26,000,000 | | |
| 26,000,000 | | |
| 26,000,000 | |
| Performance Based Management Earnout *3 | |
| - | | |
| 2,000,000 | | |
| - | | |
| 2,000,000 | |
| Total shares excluded from net (loss) earnings per share | |
| 40,107,988 | | |
| 42,107,989 | | |
| 40,107,988 | | |
| 42,107,989 | |
| *1 | | - As of September 30, 2026 and 2025, the exercise price of $11.50 exceeds market price of
stock. |
| *2 | | - As of September 30, 2026 and 2025, conditions for issuance were not satisfied. |
| | | |
| *3 | | - As of September 30, 2025, conditions for issuance were not satisfied. The earnout was expired for 2026. |
|