EARNINGS PER SHARE

3 Months Ended

Sep. 30, 2025

NOTE 10 – EARNINGS PER SHARE

Basic earnings per share is computed using the weighted average number of shares outstanding. Diluted earnings per share is computed using the weighted average number of shares outstanding adjusted for the incremental shares attributed to potentially diluted securities. The following table sets forth the computation of basic and diluted earnings per share for three months ended September 30, 2025 and 2024:

	Three Months Ended September 30,
	2025			2024
Net loss attributable to common stockholders	$	(4,085,632	)	$	(8,142,679	)

Basic and diluted weighted average common shares outstanding		1,856,159.91			1,334,596.72

Basic and diluted earnings per share	$	(2.20	)	$	(6.10	)

The Company incurred a net loss for the three months ended September 30, 2025. As a result, the dilutive securities, the common stock series A and B warrants, were considered anti-dilutive and excluded from the calculation of diluted net loss per share. As of September 30, 2025, 423,944.85 shares underlying these instruments were excluded.

In accordance with ASC Topic 260, Earnings Per Share, shares issuable for little to no consideration should be included in the number of outstanding shares used for basic earnings per share. The FASB proposed that warrants or options exercisable for little to no cost be included in the denominator of basic earnings per share (and therefore diluted earnings per share) once there were no further vesting conditions or contingencies associated with them. As of September 30, 2025, there were no outstanding pre-funded warrants. As of September 30, 2024, no warrants have been issued.