XML 25 R14.htm IDEA: XBRL DOCUMENT v3.25.1
LOSS PER SHARE
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
LOSS PER SHARE

8. 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 months ended March 31, 2025 and 2024, loss per share of the Company are as follows:

 

         
   For the Three Months Ended
March 31,
 
   2025   2024 
Numerator:        
Net Loss  $(440,408)  $(526,602)
Net loss attributable to common shareholders  $(440,408)  $(526,602)
Denominator:          
Weighted-average common shares outstanding, basic and diluted   12,723,721    11,346,535 
Net loss per common share, basic and diluted  $(0.03)  $(0.05)

 

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 shareholders  for the three months ended March 31, 2025 and 2024 because including them would have had an anti-dilutive effect:

 

  

For the Three
Months

Ended

  

For the Three
Months

Ended

 
   March 31,   March 31, 
   2025   2024 
Stock options to purchase common stock outstanding   1,352,279    1,352,279 
Warrants to purchase common stock outstanding   350,000    350,000 
Total   1,702,279    1,702,279