EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2024

Net loss per share of common stock

EARNINGS PER SHARE

NOTE 3 – EARNINGS PER SHARE

Basic Earnings Per Share (“EPS”) is computed as net income (loss) available to common stockholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, RSUs, warrants, and convertible preferred stock.

At December 31, 2024 and 2023, each warrant, stock option, and RSU represents one share of our common stock and the potentially dilutive common stock equivalents not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive were as follows:

	December 31, 2024		December 31, 2023
Warrants		10,142,215		12,346,215
Stock options and RSU awards		6,420,000		-
Total possible share dilution		16,562,215		12,346,215

See Note 12 of the Notes to Consolidated Financial Statements in this Annual Report for further details on these warrants, stock options, and RSUs.