v3.25.3
Net Loss Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 7 – Net Loss Per Share

 

Basic net loss per common share is computed by dividing net loss applicable to common stockholders by the weighted-average number of common shares outstanding during the year. Diluted net loss per common share is determined using the weighted-average of common shares outstanding during the year, adjusted for the dilutive effect of common stock equivalents, consisting of the conversion option embedded in convertible debt. The weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would have an anti-dilutive effect. Dilutive shares not included in the computation of dilutive loss per share because the effect would be anti-dilutive due to the Company’s net loss were as follows:

 

   2025   2024 
   September 30, 
   2025   2024 
         
Common Stock Purchase Warrants   5,905,946    2,928,231 
Preferred shares C-1   947,576    1,075,532 
Preferred shares C-2   392,411    535,248 
Preferred shares D   4,405,703    5,074,462 
Preferred shares E   7,605,141    7,064,049 
Preferred shares F   101,105    140,867 
Preferred shares G   3,249,237    - 
Stock options   11,306    11,312 
Potentially dilutive shares   22,618,425    16,829,701