| SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET INCOME (LOSS) PER COMMON SHARE |
The
following table presents a reconciliation of basic and diluted net income (loss) per common share:
SCHEDULE
OF RECONCILIATION OF BASIC AND DILUTED NET INCOME (LOSS) PER COMMON SHARE
| | |
| | |
| | |
| | |
| |
| | |
Three Months Ended September 30, | | |
Nine Months Ended September 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Net income (loss) per common share - basic: | |
| | | |
| | | |
| | | |
| | |
| Net income (loss) | |
$ | (7,585 | ) | |
$ | (608,912 | ) | |
$ | 441,087 | | |
$ | (3,247,406 | ) |
| Add: deemed contribution on exchange of equity instruments | |
| - | | |
| - | | |
| 800,380 | | |
| - | |
| Less: accrued dividends | |
| (253,880 | ) | |
| (76,571 | ) | |
| (471,566 | ) | |
| (232,691 | ) |
| Net income (loss) attributable to common stockholders | |
$ | (261,465 | ) | |
$ | (685,483 | ) | |
$ | 769,901 | | |
$ | (3,480,097 | ) |
| Weighted average common shares outstanding – basic | |
| 5,889,437,474 | | |
| 5,741,262,216 | | |
| 5,889,437,474 | | |
| 5,411,450,682 | |
| Net income (loss) per common share – basic | |
$ | (0.00 | ) | |
$ | (0.00 | ) | |
$ | 0.00 | | |
$ | (0.00 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Net income (loss) per common share - diluted: | |
| | | |
| | | |
| | | |
| | |
| Net income (loss) attributable to common shareholders – basic | |
$ | (261,465 | ) | |
$ | (685,483 | ) | |
$ | 769,901 | | |
$ | (3,480,097 | ) |
| Add: adjustments to net income (loss) | |
| - | | |
| - | | |
| - | | |
| - | |
| Numerator for income (loss) per common share – diluted | |
$ | (261,465 | ) | |
$ | (685,483 | ) | |
$ | 769,901 | | |
$ | (3,480,097 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Weighted average common shares outstanding – basic | |
| 5,889,437,474 | | |
| 5,741,262,216 | | |
| 5,889,437,474 | | |
| 5,411,450,682 | |
| Add: dilutive shares related to: | |
| | | |
| | | |
| | | |
| | |
| Stock warrants | |
| - | | |
| - | | |
| - | | |
| - | |
| Convertible preferred shares | |
| - | | |
| - | | |
| - | | |
| - | |
| Weighted average common shares outstanding – diluted | |
| 5,889,437,474 | | |
| 5,741,262,216 | | |
| 5,889,437,474 | | |
| 5,411,450,682 | |
| Net income (loss) per common share – diluted | |
$ | (0.00 | ) | |
$ | (0.00 | ) | |
$ | 0.00 | | |
$ | (0.00 | ) |
|
| SCHEDULE OF POTENTIALLY DILUTIVE SHARES EXCLUDED FROM COMPUTING OF DILUTED SHARES OUTSTANDING |
Potentially
dilutive shares of common stock were excluded from the computation of diluted shares outstanding for the three and nine months ended
September 30, 2025, and 2024 as they would have an anti-dilutive impact on the Company’s net losses in that period and consisted
of the following:
SCHEDULE
OF POTENTIALLY DILUTIVE SHARES EXCLUDED FROM COMPUTING OF DILUTED SHARES OUTSTANDING
| | |
September 30, 2025 | | |
September 30, 2024 | |
| Stock warrants | |
| 288,571,429 | | |
| 946,175,489 | |
| Series E convertible preferred stock | |
| - | | |
| 95,238,667 | |
| Series G convertible preferred stock | |
| - | | |
| 2,032,500,000 | |
| Series H convertible preferred stock | |
| 323,740,000 | | |
| 323,740,000 | |
| Series J convertible preferred stock | |
| 964,230,000 | | |
| - | |
| Antidilutive securities
excluded from computation of earnings per share | |
| 1,576,541,429 | | |
| 3,397,654,156 | |
|