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Net Earnings Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net earnings per share
3.
Net earnings per share

Basic earnings per share of common stock is computed by dividing net loss applicable to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted earnings per share is computed using the weighted-average number of shares of common stock outstanding during the period, plus the dilutive effect of outstanding options and warrants, using the treasury stock method, unless the effect on net earnings per share is antidilutive. The following have been excluded from the calculation of dilutive earnings per share, as the effect was antidilutive:

 

 

March 31,

 

 

2026

 

 

2025

 

Common stock options

 

 

220,646

 

 

 

45,237

 

Warrants

 

 

106,452

 

 

 

26,555

 

Series A-1 Preferred Stock

 

 

181,159

 

 

 

-

 

Series A-2 Preferred Stock

 

 

189,309

 

 

 

-

 

 

 

697,566

 

 

 

71,792

 

 

The following table show the net loss attributable to common shareholders after including undeclared cumulative preferred dividend used to calculate the basic and diluted earnings per share, as shown on the statement of operations (See Note 5. Equity - Series A-1 and A-2 Preferred Stock Cumulative Dividends):

 

 

For the Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Net loss

 

$

(1,006

)

 

$

(1,073

)

Cumulative preferred dividends

 

 

(149

)

 

 

-

 

Net loss attributable to common stockholders

 

$

(1,155

)

 

$

(1,073

)