7. Net loss per share

Basic and diluted net loss per share attributable to ordinary shareholders was calculated as follows:

		Year ended December 31,
		2025			2024
Net loss attributable to shareholders	$	(47,281,513	)	$	(11,155,516	)
Weighted average number of common shares outstanding during the year		17,283,824			9,619,184
Basic and diluted net loss per share attributable to shareholders	$	(2.74	)	$	(1.16	)

The Company's potentially dilutive securities as of December 31, 2025 and 2024, include stock options, warrants, and notes payable. The Company excluded the potential ordinary shares outstanding at each period end from the computation of diluted net loss per share attributable to ordinary shareholders for the period ended December 31, 2025 and 2024 because including them would have had an anti-dilutive effect.