Net Income (Loss) per Common Share

Basic net income (loss) per share is computed by dividing net income (loss) attributable to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, using the treasury stock method, but only to the extent that such inclusion would not be anti-dilutive. Potentially dilutive securities include convertible notes, stock options, warrants, and restricted stock awards. In periods where the Company reports a net loss, all potentially dilutive securities are considered anti-dilutive and are therefore excluded from the computation of diluted net loss per share. During 2025, the Company issued a convertible note that if converted on December 31, 2025 would have converted to 378,890 shares. There are other convertible notes outstanding as of December 31, 2025 and 2024, however certain events that triggered, or allowed for, conversion had not yet occurred and the conversion price that the shares would convert at if an event occurred is unknown; therefore as of those dates, the Company had no other potentially dilutive securities.