Note 13 - Loss Per Share

9 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 13 – LOSS PER SHARE

The following table presents the shares used in the basic and diluted loss per common share computations:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
Numerator:
Net (loss) from continuing operations	$	(77,646,737	)	$	(2,129,880	)	$	(81,911,048	)	$	(8,150,654	)
Net (loss) from discontinued operations		(5,106	)		(964,810	)		(254,130	)		(2,344,140	)
Net (loss) attributable to common stockholders	$	(77,651,843	)	$	(3,094,690	)	$	(82,165,178	)	$	(10,494,794	)
Denominator:
Weighted average common shares outstanding - basic		723,998			426,423			603,605			336,423
Effect of diluted stock options, warrants, and preferred stock (1)		-			-			-			-
Weighted average common shares outstanding - diluted		723,998			426,423			603,605			336,423
Net (loss) from continuing operations attributable to common stockholders per common share – basic and diluted	$	(107.24	)	$	(4.99	)	$	(135.70	)	$	(24.23	)
Net (loss) from discontinued operations attributable to common stockholders per common share – basic and diluted		(0.01	)		(2.27	)		(0.42	)		(6.97	)
(Loss) per common share - basic and diluted	$	(107.25	)	$	(7.26	)	$	(136.12	)	$	(31.20	)

(1) The following is a summary of the number of underlying shares outstanding at the end of the respective periods that have been excluded from the diluted calculations because the effect on loss per common share would have been anti-dilutive:

	Three and Nine Months Ended September 30,
	2025		2024
Options		2,936		3,013
Warrants		58,267		183,362
Restricted stock units		60,101		-
Preferred stock: Series B		2		2