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EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE

(9) EARNINGS (LOSS) PER SHARE

 

Net loss per share for the three months ended March 31, 2025 and 2024, respectively, are as follows:

 

Schedule of net income (loss) per share                
   

Three Months Ended

March 31,

 
    2025     2024  
Numerator:                
Net loss   $ (373,910 )   $ (3,258,955 )
                 
Denominator:                
Weighted average common shares – basic     3,713,792       2,770,382  
Effect of dilutive common share equivalents     -       -  
Weighted average common shares – dilutive     3,713,792       2,770,382  
                 
Basic and diluted net loss per share   $ (0.10 )   $ (1.18 )

 

Diluted loss per common share for the three months ended March 31, 2025 and 2024 excludes the effects of 0 and 5,230,769 common share equivalents, respectively, since such inclusion would be anti-dilutive. The common share equivalents consist of shares of common stock issuable upon exercise of outstanding preferred stock, warrants, restricted stock units, and stock options.