LOSS PER SHARE

9 Months Ended

Sep. 30, 2025

NOTE 13 – LOSS PER SHARE

Basic loss per share is calculated by dividing net loss by the weighted average number of shares of stock outstanding during the period. We computed diluted earnings per share of common stock based on the weighted average number of shares of stock outstanding plus potentially dilutive shares of stock outstanding during the period. Potentially dilutive shares of stock from employee incentive plans are determined by applying the treasury stock method to the assumed vesting of outstanding RSUs, convertible notes and warrants. There were no dilutive potential common shares for the periods ended September 30, 2025 and 2024 because we incurred a net loss and the potential dilutive shares are anti-dilutive.

Total common stock equivalents excluded from dilutive earnings/loss per share are as follows:

	September 30, 2025		September 30, 2024
Convertible notes		28,799,996		-
Warrants		11,019,766		11,205,934
RSUs		2,672,526		-
Total common stock equivalents excluded from dilutive income/loss per share		42,492,288		11,205,934