LOSS PER SHARE

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

LOSS PER SHARE

7. LOSS PER SHARE

Basic and diluted net loss per common share were the same since the inclusion of common shares issuable pursuant to the exercise of options in the calculation of diluted net loss per common shares would have been antidilutive.

For the three and six months ended June 30, 2024 and 2023, loss per share of the Company are as follows:

	Three Months Ended June 30						Six Months Ended June 30
	2024			2023			2024			2023
Numerator:
Net Loss	$	(278,225	)	$	(372,756	)	$	(804,827	)	$	(1,206,097	)
Net loss per share attributable to common stockholders	$	(278,225	)	$	(372,756	)	$	(804,827	)	$	(1,206,097	)
Denominator:
Weighted average common shares outstanding, basic and diluted		11,346,535			11,346,535			11,346,535			11,346,535
Net loss per share attributable to common stockholders, basic and diluted	$	(0.02	)	$	(0.03	)	$	(0.07	)	$	(0.11	)

The Company’s potentially dilutive securities, which include stock options and warrants, have been excluded from the computation of diluted net loss per common share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common shareholders is the same.

The Company excluded the following from the computation of diluted net loss per share attributable to common stockholders for the three months and six months ended June 30, 2024 and 2023 because including them would have had an anti-dilutive effect.

	Three Months Ended June 30				Six Months Ended June 30
	2024		2023		2024		2023
Shares issuable upon exercise of stock options		290,861		1,271,015		290,861		1,271,015
Warrants to purchase common stock outstanding		350,000		350,000		350,000		350,000
Total		640,861		1,621,015		640,861		1,621,015