| SCHEDULE OF COMPONENTS OF BASIC AND DILUTED EARNINGS PER SHARE |
SCHEDULE OF COMPONENTS OF BASIC AND DILUTED EARNINGS PER SHARE
| | |
September 30, 2025 | | |
September 30, 2024 | | |
September 30, 2025 | | |
September 30, 2024 | |
| | |
For the Three Months Ended | | |
For the Nine Months Ended | |
| | |
September 30, 2025 | | |
September 30, 2024 | | |
September 30, 2025 | | |
September 30, 2024 | |
| Basic net (loss)/income per share: | |
| | |
| | |
| | |
| |
| Numerator | |
| | |
| | |
| | |
| |
| Net (loss)/income including non-controlling interests | |
$ | (3,240,017 | ) | |
$ | 116,093 | | |
$ | (18,778,917 | ) | |
$ | 109,712 | |
| Less: Net loss attributable to non-controlling interest | |
| (116,700 | ) | |
| - | | |
| (218,359 | ) | |
| - | |
| Net (loss)/income attributable to common stockholders - basic | |
| (3,123,317 | ) | |
| 116,093 | | |
| (18,560,558 | ) | |
| 109,712 | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted average shares outstanding - basic | |
| 1,965,285 | | |
| 498,941 | | |
| 1,252,543 | | |
| 498,941 | |
| Basic net (loss)/income per share attributable to common stockholders | |
$ | (1.59 | ) | |
$ | 0.23 | | |
$ | (14.82 | ) | |
$ | 0.22 | |
| Diluted net (loss)/income per share: | |
| | | |
| | | |
| | | |
| | |
| Numerator | |
| | | |
| | | |
| | | |
| | |
| Net (loss)/income attributable to common stockholders - basic | |
$ | (3,123,317 | ) | |
$ | 116,093 | | |
$ | (18,560,558 | ) | |
$ | 109,712 | |
| Add back interest for subordinated convertible promissory note | |
| 2,500 | | |
| 2,500 | | |
| 40,833 | | |
| 7,500 | |
| Net (loss)/income attributable to common stockholders - diluted | |
$ | (3,120,817 | ) | |
$ | 118,593 | | |
$ | (18,519,725 | ) | |
$ | 117,212 | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted average shares outstanding - basic | |
| 1,965,285 | | |
| 498,941 | | |
| 1,252,543 | | |
| 498,941 | |
| Weighted-average effect of potentially dilutive securities: | |
| | | |
| | | |
| | | |
| | |
| Conversion of subordinated convertible promissory note | |
| 3,333 | | |
| 57,884 | | |
| 3,333 | | |
| 57,884 | |
| Conversion of Series A Convertible Preferred Stock | |
| - | | |
| 70,203 | | |
| - | | |
| 70,203 | |
| Conversion of Series B Convertible Preferred Stock | |
| - | | |
| 200,000 | | |
| - | | |
| 175,203 | |
| Conversion of convertible preferred stock | |
| - | | |
| 200,000 | | |
| - | | |
| 175,203 | |
| Exercise of investor and placement agent warrants | |
| - | | |
| 292,806 | | |
| - | | |
| 292,806 | |
| Weighted average shares outstanding - diluted | |
| 1,968,618 | | |
| 1,119,834 | | |
| 1,255,876 | | |
| 1,095,037 | |
| Dilutive net (loss)/income per share attributable to common stockholders | |
$ | (1.59 | ) | |
$ | 0.11 | | |
$ | (14.75 | ) | |
$ | 0.11 | |
|
The
components of basic and diluted Earnings Per Share (“EPS”) were as follows:
SCHEDULE OF COMPONENTS OF BASIC AND DILUTED EARNINGS PER SHARE
| | |
2024 | | |
2023 | |
| | |
Years ended | |
| | |
December 31, | |
| | |
2024 | | |
2023 | |
| | |
| | |
| |
| Basic Earnings (Loss) Per Share Numerator | |
| | | |
| | |
| Net Income (Loss) | |
$ | 1,229,601 | | |
$ | (2,097,013 | ) |
| Income (Loss) Available to Common Stockholders | |
| 1,229,601 | | |
| (2,097,013 | ) |
| | |
| | | |
| | |
| Diluted Earnings (Loss) Per Share Numerator | |
| | | |
| | |
| Add back interest for subordinated convertible promissory note | |
| 286,667 | | |
| 286,667 | |
| | |
| | | |
| | |
| Income (Loss) Available to Common Stockholders on Converted Basis | |
$ | 1,516,268 | | |
$ | (1,810,346 | ) |
| | |
| | | |
| | |
| Original Shares: | |
| | | |
| | |
| Basic Weighted Average Shares Outstanding | |
| 14,968,215 | | |
| 14,782,442 | |
| | |
| | | |
| | |
| Dilutive Shares: | |
| | | |
| | |
| Additions from Potential Events | |
| | | |
| | |
| - Conversion of Subordinated Convertible Promissory Note | |
| 1,736,533 | | |
| 1,736,533 | |
| - Conversion of Series A Convertible Preferred Stock | |
| 8,877,927 | | |
| 2,106,075 | |
| - Conversion of Series B Convertible Preferred Stock | |
| 54,426,230 | | |
| 16,767,123 | |
| - Conversion of Series C Convertible Preferred Stock | |
| 36,045 | | |
| 36,045 | |
| - Conversion of Convertible Preferred Stock | |
| 36,045 | | |
| 36,045 | |
| - Exercise of Investor and Placement Agent Warrants | |
| 9,450,840 | | |
| 7,450,840 | |
| Diluted Weighted Average Shares Outstanding: | |
| 89,495,790 | | |
| 42,879,058 | |
| | |
| | | |
| | |
| Earnings (loss) Per Share | |
| | | |
| | |
| - Basic | |
$ | 0.08 | | |
$ | (0.14 | ) |
| - Diluted | |
$ | 0.02 | | |
$ | (0.14 | ) |
|
| SCHEDULE OF DILUTIVE EFFECT OF SECURITIES EXCLUDED FROM DILUTIVE EPS DUE TO ANTI-DILUTIVE EFFECT |
SCHEDULE OF DILUTIVE EFFECT OF SECURITIES EXCLUDED FROM DILUTIVE EPS DUE TO ANTI-DILUTIVE EFFECT
| | |
September
30, 2025 | | |
September
30, 2024 | | |
September
30, 2025 | | |
September
30, 2024 | |
| | |
For the Three Months Ended | | |
For the Nine Months Ended | |
| | |
September
30, 2025 | | |
September
30, 2024 | | |
September
30, 2025 | | |
September
30, 2024 | |
| Conversion of Series A Convertible Preferred Stock | |
| 151,126 | | |
| - | | |
| 114,388 | | |
| 70,203 | |
| Conversion of Series B Convertible Preferred Stock | |
| 45 | | |
| - | | |
| 56,601 | | |
| 162,637 | |
| Conversion of Series C Convertible Preferred Stock | |
| 1,202 | | |
| - | | |
| 1,202 | | |
| - | |
| Conversion of Series D Convertible Preferred Stock | |
| 5,000 | | |
| - | | |
| 15,264 | | |
| - | |
| Conversion of Series E Convertible Preferred Stock | |
| 2 | | |
| - | | |
| 1 | | |
| - | |
| Conversion convertible preferred stock | |
| 2 | | |
| - | | |
| 1 | | |
| - | |
| Exercise of investor and placement agent warrants | |
| 613,255 | | |
| - | | |
| 491,652 | | |
| 315,028 | |
|
|