NET INCOME (LOSS) PER COMMON SHARE

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER COMMON SHARE

18. NET INCOME (LOSS) PER COMMON SHARE

Basic income (loss) per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period, without considering any dilutive items. Potentially dilutive securities consist of the incremental common stock issuable upon exercise of preferred stock, stock options, and warrants. Potentially dilutive securities are excluded from the computation if their effect is anti-dilutive. There were no anti-dilutive common shares included in the calculation of income (loss) per common share as of September 30, 2025 and December 31, 2024. As of September 30, 2025, there were 10.3 million shares of common stock equivalents that were antidilutive due to the Company’s net loss, including 4.1 million under preferred stock, 6.2 million under warrants and de minimus stock options.